Columbus Loans & Home Mortgages

One third of Americans have a credit score of less than 620. Zillow.com studied 25,000 online home mortgage applications and found that prospective home buyers with credit scores lower than 620 could not get Columbus loans approved, even when they were able to make a down payment of 25% of the purchase price. Only 47% [...]

At the end of last week we received an email from our favorite loan officer. She told us that FHA changed guidelines for minimum credit scores required to ensure loans. Until now it was still possible to get Columbus loans with credit scores as low as 580. Fifth Third Bank was one of the few [...]

Most people know that their payment history has an effect on their credit scores. There are several other factors that affect your credit score when you apply for Columbus loans. Here are 5 interesting facts about credit scores that may surprise you: 1. Income: Your income level has no bearing on your credit score, but [...]