When you fill out a mortgage application, the first thing the lender is going to do is pull your credit. If you are just starting out in terms of your credit, you might not have enough trade lines to create a credit score. How do you get around this scenario, called “ thin credit”? Luckily, […]
How to Prepare for a Subprime Loan
The term subprime loan seems to be a phrase of the past, but it is slowly making its way back into the forefront of the mortgage industry today. The main difference is that you might not hear the word subprime; what you might hear instead is alternative documentation loan. It is the same thing essentially […]