Mortgage Credit Adjustment #3: Understanding Credit Inquiries in the Temecula Valley
One of the biggest myths in mortgage lending is that checking your credit or shopping for a mortgage will dramatically lower your credit score. Fortunately, that’s generally not how mortgage credit scoring works. Understanding how inquiries work can help you shop for the best loan without unnecessary concern. What Is a Credit Inquiry? A hard […]
Mortgage Credit Adjustment #2: Understanding Disputed Accounts in the Temecula Valley
Disputed accounts are one of the most misunderstood topics in mortgage lending. Many borrowers are surprised to learn that disputing an account before applying for a mortgage can actually delay or even prevent loan approval. Understanding why mortgage lenders care about disputed accounts begins with the aftermath of the 2008 housing crisis. How Disputed Accounts […]