What Does A Mortgage Lender Look For On Your Credit Report?
1. The Number of Open Credit Accounts You Have - Mortgage lenders always evaluate the number of open lines of credit that a mortgage applicant has. They then analyze that information to determine the risk they would face by funding the mortgage. The mortgage lender will then project a hypothetical situation where the applicant has maxed out all of their available credit lines and are paying the minimum required on all those accounts. This information is then factored into the...
Debt Management Primer
Credit is essential these days. A person needs credit to be able to do almost everything, from buying a car to getting a utility turned on. Bad credit can be quite costly. That is why debt management is so important. Debt management is the way you acquire and handle your debt so that you can afford it.
The key to debt management is understanding your finances. You have to have a budget and you have to know what you can and can not afford. That may seem simple, but credit i...
In Bellevue the Sidewalks are Paved with...Rubber?
The city of Bellevue has undertaken a project designed to give their streets a little more bounce. Taking cues from cities like Seattle, Olympia and Tacoma, Bellevue city hall launched a pilot project this year that will test the viability of rubber sidewalks in the downtown core.