Posts Tagged ‘First-Time Buyer’
Why is my Credit Karma score different than my mortgage credit score?
Credit Karma is a great tool when it comes to credit monitoring and fraud alerts, but using the free tool while applying for a mortgage can sometimes raise confusion. Why is my Credit Karma score different than the credit score my mortgage Loan Officer is using for financing? This is one of our most commonly…
Read MoreTips to Maintain a Good Credit Score
If you’re in the market for a new home, your credit score will determine whether or not you’re eligible. Your score will determine the loan program you qualify for and your interest rate. Your credit score may be the single most important asset you have. You spend years building your score – here are a…
Read MoreLoan Programs Available for First-Time Buyers
Mortgage 1 offers multiple loan options designed to help first-time home buyers achieve the American Dream. FHA Loans. First-Time BuyerThese loans are backed by the Federal Housing Administration (FHA). This type of loan may be more attractive to someone who has less than perfect credit. They require a down payment of at least 3.5% of…
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