Recent content by sm1221

When it comes to the actual number, anything less than a 670 FICO® Score is considered “bad” or “subprime,”. More specifically, a fair score is 580 to 669, while a poor score is 300 to 579. The thing about having poor credit is that it’s not the same as someone else’s bad credit. No two...

To fix a bad credit score, understand the basic contributors to credit—including whether you pay your bills on time and whether you carry balances on credit cards—and identify the factors that are making a negative impact. Checking for errors on your credit report is also an important step. The...

Providing proof of income To verify your income, your mortgage lender will likely require a couple of recent paycheck stubs (or their electronic equivalent) and your most recent W-2 form. In some cases the lender may request a proof of income letter from your employer, particularly if you...

Do mortgage lenders look at credit card statements?