What to Do Before Applying for a Self-Employed Mortgage

by mylenderjackie | Nov 15, 2022 | Credit

Qualifying for a self-employed mortgage without a traditional job may sound stressful. When you realize that your lender will need proof of income, and your income is variable or has a shorter history because you are self-employed, you may be wondering how you can...

5 Tips on Improving Your Credit Score in California

by mylenderjackie | Aug 1, 2022 | Credit

It is important to understand the general importance of a credit score, and what having a good score can mean for you and your future. The official definition of a credit score is summed as a numerical expression based upon a level analysis of an individual’s...

Rent Payments Can Now Be Considered in Credit History

by mylenderjackie | Oct 4, 2021 | Credit

With a highly competitive seller’s market, it can be a little more challenging for first-time homebuyers to enter the housing market. To help a first-time home buyer secure a mortgage loan, the mortgage giant Fannie Mae will now allow lenders to consider rent payments...

Tips to Boost Your Credit Score to Obtain the Best Mortgage Rates

by mylenderjackie | May 10, 2021 | Credit

The three-digit number that is your credit score puts a big impact on your ability to qualify for a mortgage loan and what interest rate you will be offered. An interest rate plays a very significant role in how much home you can afford as it makes a dramatic impact...

How the New FICO “Resilience” Credit Score Could Help Borrowers

by mylenderjackie | Feb 15, 2021 | Credit

While some businesses are still shut down or running at much less capacity the economy across the country has seen a high number of unemployment. The Fair Isaac Corp., more commonly known as FICO, the producer of the FICO credit score and a global analytics company,...

How to Get a Mortgage After Foreclosure

by mylenderjackie | Jan 18, 2021 | Credit

Going through a foreclosure is no small deal and it is not an easy one either. Many past homeowners begin to give up hope of ever owning a home again after they have been through a foreclosure, but there is a chance you can qualify for a home loan again. It is...