Poor Credit Home Mortgage Loans - The Role of the FICO Score

Written by Carrie Reeder


Continued from page 1

3. FICO depends on each credit report, so before you apply for a home mortgage loan, if you have bad credit history, get a copy of your credit report and make sure there is nothing on there that shouldn’t be there. If there is, get it changed before you apply forrepparttar home mortgage loan.

4. Wait until after you have purchased or refinanced your home before you buy anything additional on credit. More loans or higher balances can have a dramatic effect on your mortgage approval, regardless of whether or not you had over a 600 FICO score before you bought on credit.

5. Remember,repparttar 138730 FICO score is only a part of your home mortgage loan application, so if at first you don’t succeed in getting your home loan mortgage, don’t give up. Some lenders may still be willing to lend to you!

People with bad credit often don't understand howrepparttar 138731 credit scoring system works. It is beneficial to find out more about it when looking to get a home loan with less than perfect credit to bad credit or when dealing with sub prime mortgage lenders.

To view our list of recommended bad credit mortgage lenders online, visit this page: Recommended Bad Credit Mortgage Lenders

Carrie Reeder is the owner of ABC Loan Guide, an informational website about various types of loans. The site has many informative articles and the latest finance news.


Why have investment plans for the stock market

Written by Charles M O'Melia


Continued from page 1

For me, (and, for any of you that have read and are acting on my book) successful investing inrepparttar stock market means only one thing! Money! I want money from all my stock market investments, and I want money sent to me every week ofrepparttar 138708 year, forrepparttar 138709 rest of my life. It’s a simple plan, but I’m a simple man. Nothing tricky here! If a company wants my investment dollars, they must pay me for them inrepparttar 138710 form of dividends every quarter. And if they want me to continue investing in their company, they will have to increase their dividend to me every year. I will have faith in their company as long as they continue rewarding my faith with more money! It’s an arrangement that’s non-negotiable. I guess you could call it a form of security analysis, a Jerry Maguire ‘show merepparttar 138711 money’ form of security analysis.

Not only dorepparttar 138712 companies have to raise their dividend year after year, they have to show price appreciation inrepparttar 138713 market place on a historical basis. An investment plan should be geared toward receiving both ever-increasing dividends, as well as stock appreciation. After all, isn’t that what investing inrepparttar 138714 stock market should be all about?

“A good book contains more real wealth than a good bank.” –Roy L. Smith

To readrepparttar 138715 PREFACE from a good book ‘The Stockopoly Plan – Investing for Retirement’ visit http://www.thestockopolyplan.com



Charles M. O’Melia is an individual investor with 40 years of experience and passion for the stock market. The author of the book The Stockopoly Plan –Investing for Retirement; published by American-Book Publishing. You can invest in the book at http://www.pdbookstore.com/comfiles/pages/CharlesMOMelia.shtml


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use