Credit Info

Does a Low Credit Score Affect My Interest Rate?

May 6, 2010

When buying or refinancing a home with Mortgage Atlanta we estimate your ability to pay back your home loan based on your credit score. All lenders base your interest rate on the amount of risk your credit portfolio shows. Therefore, a low credit score can results in a higher interest rate, higher monthly payments and [...]

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Disputing Errors on the Credt Report

April 13, 2010

When you are applying for a home loan one of the first steps is a credit check. Your loan officer should go over your credit report with you to make sure there are no errors on your report. In June 2004, The U.S. Public Interest Research Group published the results of a survey it conducted [...]

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What determines your Credit Score?

April 2, 2010

Mortgage Atlatna uses three main credit agencies, Equifax, TransUnion, and Experian to determin your credit score. Each agency receives information from your creditors and uses five main factors to determine your score. Each agency awards points for each of these five components. Credit Scores may range from 300-850. The factors are listed below in order [...]

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Credit Score

February 25, 2010

Click Here – Mortgage Atlanta’s free guide to your credit score! One of the main factors loan specialists look at when considering your loan application is your credit score. Mortgage companies want to know about your credit history, and determine the probability that you are able to pay back the loan you are applying for. [...]

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