Wednesday, August 1, 2007

Other Credit Factors...

Mortgage companies look at other information besides your credit score and credit profile before deciding whether to approve your mortgage. They also consider:

• Income stability

• Employment history

• Monthly debts in relation to your income

• Savings amount and methods

• Mortgage type

• Property type and value

• Down payment amount

• Timeliness of rent and utilities payments

For more info and to order your credit report with FREE credit score please visit www.reliacredit.com

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Other Credit Factors... ~ ReliaCredit.com - How's Your Credit? - Blog