Archive for May, 2011

How do I find out if someone is using my name for mortgage loans that I know nothing about?


Question by Julio: How do I find out if someone is using my name for mortgage loans that I know nothing about?
I was looking up my credit report online and for the questions to make sure I was me I was asked about mortgage loans in II different years that I know nothing about. I’m renting an apartment and haven’t took out any loans that I tin think about

Best answer:

Answer by hot chick
not sure though



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What banks do mortgage loans with credit scores below 600?


Question by Steve M: What banks do mortgage loans with credit scores below 600?
My credit scores are between 570-590 from preceding late payments on student loans. I since have a good credit history and income but I can not find a lender. I have read that FHA loans only require 580 scores but I can’t find any way to get a loan. Any suggestions will help. I need a mortgage now- I am under contract to buy a house on 2/26.

Best answer:

Answer by Gari
600,,,impossible especially when they glimpsing the online gambling you have been involved with…there is no way…



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In relation to mortgage loans what constitutes a low credit score?


Question by Boat Junkie: In relation to mortgage loans what constitutes a low credit score?
I have been reading lots about the housing crisis and have learned that the loans for new mortgage loans for people with low scores it getting harder to aquire. What constitutes a low score? 600? 590? 650? 625? I am now ready to buy my first house and am finding out that my scores may prevent me from getting a loan.

Best answer:

Answer by Greg R
Anything lower than 620 is low. You need 720 or higher to get the best rates.



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