Many people who want to buy a home in the Triangle area are not sitting on the sidelines by choice. They are holding back because they believe they are not qualified. And for a lot of would-be buyers, concerns about their credit score are the biggest reason why. A Bankrate survey found that 2 out […]
According to Fannie Mae, 90% of buyers either overestimate the credit score needed to buy a home or don’t know what lenders are actually looking for. That means many potential buyers assume their credit score isn’t good enough, and that can create unnecessary fear or delay. But in reality, the credit score to buy a […]
If you’ve been putting off buying a home in the Triangle area because you thought qualifying would be too difficult, there’s good news: learning how to qualify for a mortgage is becoming a bit easier—without returning to the risky lending practices of the past. Lenders are loosening up slightly for well-qualified buyers, opening the door […]
Your credit score plays a pivotal role when you’re in the market to buy a Triangle Area home. It acts as a financial benchmark for lenders, determining your eligibility and the terms of your mortgage. As highlighted by the Mortgage Report: Good credit scores communicate to lenders that you have a track record for properly […]