Category Archives: Loans

You Should Know About These Mortgage Points and Tax Deductions

Are Mortgage Points Tax Deductible? When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a … Continue reading

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How The Government Shut Down Affects Home Loans

Today, I read numerous articles that addressed the issue of the government shut down and how this shut down affects mortgage loans. The following three articles give hopeful information indicating that for the most part, the shut down will not … Continue reading

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The Range Lenders Use to Determine Credit Score Rating

What Factors Are Considered in Generating a Credit Score? While we don’t know the exact formula and algorithms used to calculate the credit score, we do have an idea of how the score is determined. It is is all based … Continue reading

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Interest Rates are the Lowest in History

When I hear people complain about interest rates being so high I wonder how low people expect interest rates to go before they realize they are seeing the lowest interest rates in history. I remember when I looked at purchasing … Continue reading

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How to Improve Your Credit Score to Get a Better Loan

Getting a home loan is not easy in the current state of lenders tightening up on their approval process. Nowadays, like never before, lenders rely on the credit history report and credit scores to help make critical loan approvals to … Continue reading

Posted in Banks, Credit, Credit Rating, Credit Score, Lenders, Loans, Mortgage, Real Estate | Tagged , , , , , | 1 Comment