#low credit score mortgage

[ocmontessoriacademy]

Official Presentation VA Mortgage Corp

We offer a wide variety of mortgage products, including conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans. We also offer a variety of mortgage services, including pre-qualification and loan origination.

2513 Squadron Court,Unit 112,Virginia Beach‚VA 23453

(757) 580–0060

info@vamortgagecorp.com

[10odmconsultancy]

Bond Street Mortgage - Your Trusted Partner for Home Financing

Welcome to Bond Street Mortgage, your trusted partner for home financing. We are committed to providing our clients with a hassle-free and personalized home loan experience. Our team of experienced professionals is dedicated to helping you find the best mortgage product that fits your unique needs and financial goals.

At Bond Street Mortgage, we understand that buying a home is one of the most significant financial decisions you will ever make. That's why we offer a range of mortgage products designed to cater to the diverse needs of our clients. Our mortgage options include conventional loans, FHA loans, VA loans, jumbo loans, and more. We also offer refinancing options to help you save money on your current mortgage.

Our team of loan officers is committed to providing you with expert guidance and support throughout the home buying process. We take the time to understand your unique financial situation and help you choose the mortgage product that best suits your needs. We also offer competitive interest rates, flexible repayment terms, and a hassle-free application process.

At Bond Street Mortgage, we believe in transparency and honesty. We provide our clients with clear and concise information about our mortgage products, including fees, interest rates, and repayment terms. We also offer personalized service and support to ensure that you have a seamless home buying experience.

Visit Bond Street Mortgage today and discover why we are the preferred choice for home financing. Our team is dedicated to helping you achieve your dream of homeownership. Contact us today to learn more about our mortgage products and how we can help you get started on your journey towards homeownership.

[kentuckybats]

(via First-Time HomeBuyer Louisville Kentucky Mortgage Programs)

[bitchesgetriches]

Uhh is it just me or had the APR for every credit card gone way the heck up?? The lowest I've seen is 17% and it's always variable like 17-28%. I'd like to do a balance transfer but I'm afraid any new card is going to give me an even higher interest rate than what I'm paying now! I have a credit score of 744 which I *thought* would've been good enough to find lower APR offers..

I read your ask and was like "that can't be right..." So I fact-checked it. And you're absolutely right. Even NerdWallet's list of the best low APR credit cards this month has STAGGERING interest rates! The lowest is 14.99%-24.99%, but you can bet you need at least a credit score of at least 800 to get the bottom of that range.

There are a couple explanations for this:

We're entering a recession and lenders are scared shitless about people's abilities to pay their bills. So they're trying to disincentivize you from getting a credit card.

The Fed is effectively raising interest rates across the board. I didn't initially expect this to affect credit cards (because that lending model is intentionally predatory), but I was wrong.

tl;dr It's real hard to get a loan right now, whether that's a line of credit, a credit card, an auto loan, or a mortgage. Good luck out there, babies. Here's some more info:

Season 4, Episode 3: “My credit card debt is slowly crushing me. Is there any escape from this horrible cycle?”

Credit Card Companies HATE Her! Stay Out of Credit Card Debt With This One Weird Trick 

A Hand-holding Guide To Getting Your First Credit Card 

[woodsfae]

HUGE news!

In a sweeping change that could improve millions of Americans’ ability to own a home or buy a car, the Biden administration will propose a rule Tuesday to ban medical debt from credit reports. [...]

“Our research shows that medical bills on your credit report aren't even predictive of whether you'll repay another type of loan. That means people's credit scores are being unjustly and inappropriately harmed by this practice,” Chopra said.

CFPB’s research estimates that the new rule would allow 22,000 more people to get approved for safe mortgages each year — meaning lenders could also benefit from the positive impact on peoples’ credit scores, by being able to approve more borrowers. [...]

Medical debt is extensive in the U.S. It affects two in every five Americans, according to the health policy research organization KFF, and a vast majority have debt in the thousands. [...]

The new CFPB rule also seeks to address the issue of incorrect, confusing and complicated medical bills, which often lead to long, drawn-out disputes between patients and billing departments — a complaint that the CFPB, as the agency tasked with consumer empowerment, receives in droves, Chopra said.

“Too often, we see that people are receiving bills that are inaccurate. Many patients are fighting over these bills for months, only to find that it then appears on their credit report,” he said.

Experts who support the CFPB’s proposed rule also point to the already-low success rate for collecting on medical bills.

“We know empirically that the repayment rates are incredibly low for medical debt, and so it's already the case that people aren't really paying it down. So I don't think this policy change is going to change the behavior that dramatically,” said Matt Notowidigdo, a professor at University of Chicago’s Booth School of Business who studies health economics.

[worlds-4th-best-dad]

[At Gasai Bank, while the security alarm blares loudly] Yuno: *finishes getting dressed as a teller and sees Kurou breathing heavily behind the counter* Oh my gosh, what the what is going on here...?! Ushio: This your first time dealing with a stick-up? Don’t worry, everything will be just fine. Just follow the procedure. Yuno: Okay, okay. *puts money in a bag* Ushio: What are you doing? *turns off the alarm* He’s not robbing us! We’re the bank. It’s our job to rob him! Yuno: Oh, right, uh, okay. *gets on the counter* Drop your mortgage in the bag! Kurou: Please, I have a family! Yuno: Good to know. We’ll come for them next! Kurou: Yes, yes, yes. *puts his wallet in the bag* Yuno: *grabs his arm* That’s a pretty watch...! Kurou: No, please! It belonged to my grandpa! Yuno: *gets up close to Kurou’s face* You want to to try me...? I’ll drop your credit score so low you won’t even be able to get a loan at the library, punk! Kurou: *takes his watch off and puts it in the bag* Well, at least I’ll be leaving with my dignity... Yuno: No, we’ll have that too. Your pants- put them in the bag. Kurou: *takes his pants off, puts it in the bag, and walks away crying* Yuno: *shudders in disgust* Ugh... I feel dirtier than a rat who joined law enforcement, but actually had family connections to the mob, and was turning police evidence over to the gangsters. *gets off the counter* Ushio: You mean like a rat who was a rat? Yuno: Yeah, I guess that’s a better way of saying it. Ushio: Anyway, I am very disappointed in you. You forgot to sell him a payday loan at a thousand percent interest. Yuno: *shudders again* Disgusting...

[leroypatrickblog]

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[midwestequitymortgage]

Bonds auction weakness

Bonds have been consolidating in roughly a 17bp range centered on 10yr yields of 1.30%. During this consolidation phase, yields have hit the ceiling (1.37+) 3 distinct times. Each of those bounces corresponds with a Treasury auction cycle. 2 of the 3 examples include follow-through momentum from a poorly received jobs report (with this week being one of the 2). There’s no way to know if the same pattern (the one where bonds turn a corner and calm down by the end of the week) will play out this time, but the stakes appear to be higher with yields already knocking on the 1.37+ ceiling.

[transarsonist]

Fun fact! Because of how most municipalities calculate the value of a house, a mortgage and taxes on buying a house is always going to be cheaper than rent

This is because rent = mortgage + taxes + repair + profit

And value & taxes are evaluated by room # and location

Poor people are simply being taxed to have low credit scores because landlords have a good scam going.

Hope this helps!!

[snifflesthemouse]

Charles is playing a mighty long con, isn’t he?

After the passing of Her Majesty the Queen, King Charles used his first-ever message as king to set the precedent of his reign. I am almost certain that his mother told him to do this much, so as to clear the air. I imagine one evening, mayhaps over some tea or biscuits, long before his mother was gone, that a conversation happened where his mother told her son the importance of boundaries, setting them, and most importantly sticking to them. I say this for what I say next.

It would seem that Harry and Meghan expected those precious HRHs to appear as automatically as those possessing them were delivered. It would also seem that every time they use the word “security” they mean “money”. Most of all, it seems they want back in and they aren’t getting what they want… exactly. It would seem some conditions were made. Why else is there this mad scramble to move mansions, edit Netflix and Spotify productions, push back money-making novels (THIS AUTHOR REFUSES to call Harry’s impending memoir as such; it is most certainly all an act of fiction), as well as parting ways with Sunshine Sachs?

When QEII died, with her went an entire legacy. Now, Charles is the King. And he had a vision of what he wanted his reign to look like that included Harry and his family. I’ve read most of the good bits of every fair and decent biography written about them – from Tom Bower, to Lady C to Tina Brown. I can tell you without a doubt that Charles had highest of hopes for Harry. Which has me concerned. I hate to play devil’s advocate here, but the proof is in the press. All their behaviors say they were given an ultimatum.

Why is it that, since leaving the UK, Harry and Meghan have rid themselves of Sunshine Sachs? I’ve seen blind items referring to the fact that Sunshine Sachs was bragging to other clients about charging the couple ten times the going rate. I’ve seen posts saying that Sunshine Sachs was always meant to be temporary, that the plan was always to “let them go” once settled. Still yet, there is a third explanation suggesting they ran out of money and haven’t paid their bills in quite some time. On top of dismissing Sunshine Sachs, however, there are even rumors of them selling their house in Montecito.

This author posted to you, my beloved reader, their mortgage specifics. The first ten years of their mortgage, they would be at a low interest rate of 2% or so. Right now, in America, the mortgage rates are rising. They are around 7% right now. This means that even if Meghan and/or Harry had amazing credit scores, they would still expect to pay astronomically more on a new mortgage than what they do now.

Let me give you an example. Say I bought a house for $14M. My interest rate is 2.49%. My monthly payment will be a little over $55,000 without the escrow, insurance(s), or property taxes. But buying a new house now means interest rates are much higher. With interest, a tenth of a percent can equate to millions over the long run. Half a hundred-thousand a month on a mortgage is expensive to people like you and me. Say now I want to move.

If I sold the old house… I would have to sell it for enough to pay off the old mortgage to break even. I’d have to sell it over the remaining amount to get a profit, and I would have to sell ice water in hades to make enough bank to pay off the old and buy outright bigger or better. But remember the interest rates are higher now. So, it costs more to buy the same amount of sqaure footage now than it did two years ago. A $14M mansion at 6.18% is going to cost the new buyer $85,000+. That means an even more expensive mansion will cost even more. That’s not counting everything else that goes with buying a house like realtors’ commissions, 4title/deed work, etc. Everything they are doing is costing them money. Why?

The only thing that suggests they need money is parting ways with Sunshine Sachs. Everything else is going to cost them money. Which means they are doing this for a long-run purpose in mind. You only spend money like this to make it up tenfold later on down the road. Messing with publishers, Spotify, and Netflix like this threatens their only potential revenue streams. Those BS job titles handed to Harry by those Silicon suckers probably came in the form of stock they cannot get money out of readily right now. If he’s getting paid legit money, it’s not more than $90,000 a month.

Now do you see why I fear this all? This all says to me a deal was potentially struck during the mourning period. It says Charles told them if they want their children to be titled and all that, you have to give me something, too. It says they are in the middle of negotiations. There is no way that it’s down to being broke. They would just start doing ten times the bombing via interviews and podcasts.

If they tone down the blame game rhetoric, especially if they start trying to extend “olive branches”, then we will know why. Then again, I kind of hope that I am wrong. I hope the shifting is her preparing for divorce from him. I hope that she saw he had nothing more to give, and without that drip of prestige and money… Harry is no longer worth his trouble. He just becomes an addicted abuser.

Addicts tend to travel in pairs because some dope is better than none. You increase your chances of getting high if two people are working together. Same thing with psychopath-sociopath narcissists. They are heavily co-dependent. Until the loathing overpowers the dependency. It always does, too. These relationships eat themselves from the inside out.

Charles is wise to keep them close. He should use their antics against them every time a serious faux pau pops up. I’d use the press to redirect every bad comment back at them if I were him. I could teach a masterclass on manipulation, though. So I assume most people don’t think like that.

My point is this. Harry and Meghan are making moves that wouldn’t make them money. It would cost them money. That means these moves are more valuable to them later on than those current deals are now. What could that possibly be, other than titles ore a way back home?

Hope I am wrong, but chances are I am not. I expect Charles to bring Harry and his family back to Frogmore before the year is up. But, in a private capacity as rent-paying private citizens. Then, a long, slow campaign to repair Harry’s image will begin. It will certainly not end well if it does. It will end in a big payday and NDAs. But it will be a mess.

[gamebird]

About a month ago, I read 'Rich Dad, Poor Dad' based on a recommendation from a friend. It had some good points and bad ones.

Good points:

It is super important for me to have discussions with my kids about how to handle money, what their options are with the money I've given them, and what that means for standard of living, activities, etc.

It is very important in people's lives to have someone advising them about money, instead of just leaving them to fend for themselves and figure it out on their own.

If you already have money (like tens or hundreds of thousands of unencumbered cash), then there are a lot of relatively low risk, low labor means to put that money to work for you and generate income. It's a lot less tedious than, say, working for a living. But you have to have the money FIRST.

The various principles laid out in the book caused me to move my money around. Now instead of retiring in 4 years and leaving nothing to my kids in inheritance unless I died early, because I'd need everything to fund my retirement, I'm going to retire end of next year and leave millions, assuming I live that long. And if I don't, then there will still be a nest egg. Same standard of living for me either way.

Bad points:

Gotdamn does this guy undersell how hard it is to get your hands on enough money to start with to do this. It takes generations and he doesn't acknowledge that.

He also undersells the value and rarity of someone giving you good advice at every turn, feeding you opportunities, and picking you up when you fall ... and never victimizing or abusing you in the process.

He makes almost no mention of the severe adversities many people find in their lives, like chronic health problems, useless or abusive partners, addiction, expensive hobbies, terrible families, bad luck, accidents, legal problems, and the like. Some of these you have a little control over; a lot of them you don't; and even with barely controllable things like partners and family you don't know its bad until its already bad and its not exactly too late at that point, but it really sucks.

So anyway, I tried to get my kids to listen to the audiobook. No dice. I found it on YouTube for free. No doing. I bought the guy's Cashflow board game. Huzzah! They played it a couple times. This let us talk about things. (I mean, I'd already tried talking to them, but trying to discuss the relative merits of savings account vs t-bills vs etfs was not making much progress.)

We talked about:

What's a mortgage and why can't I just be homeless and not pay that

Why are my expenses so high

Why are children expensive

Why do I have to pay for a loan (I was surprised and shocked they only barely understood interest rates. My inability to communicate effectively about investments made sense now. I have failed as a parent. But I'm trying to fix it.) also: why is a credit score important

What the fuck why does this boat cost so damn much?!? (the boat is the most expensive piece of shit doodad you can get saddled with in the game; I talked to them about the dangers of expensive hobbies)

OH MY FUCKING GOD I ONLY MISSED ONE PAYCHECK AND I AM RUINED (because ... yeah. that's real)

What does 'yield' mean

What's a trading range

And a bunch of other things. I also talked to them about the things the game does not include, those things I mentioned earlier like accidents, addictions, lawsuits, and health problems, or the same happening to anyone you financially support or feel beholden to, like a partner or child or possibly parent. I talked to them about the mentality of 'my savings always gets wasted on emergencies so why bother having any', which is valid and real, as well as a rational reaction to a maddingly irrational situation.

An interesting thing about the game - there's no rule for or against giving money to each other. And it makes a huge difference in propelling someone from the rat race stage of the game where you're working for a living and into the cashflow part of the game where your money is working for you instead. In the two games we played, I ended up ahead early each time (half of this I credit to good decisions while my kids were making dumb ones, even after I told them they were dumb choices; half was probably luck). But each time once I had my position secured, I started giving wads of cash to them and it was remarkable how much that improved their situation.

Kind of like real life.

I also read Bullshit Jobs a couple weeks ago and it ends with a lovely piece about the social value of universal basic income. Which, yeah. We need to do that.

[commandervamps]

Home Loan Refinance: Simple

Basics of Home Loans

Three crucial bits of knowledge for getting and keeping a home loan incorporate the application, rates, and repayment propensities.

Home Loan Application Cycle - Finishing up home loan applications can be tedious, and excessively detailed. Prior to starting, get yourself coordinated by finding all of the administrative work you should finish your application. Once you have everything found and before you, you'll find the application interaction to go without a hitch.

Rates Change - Watch out for home loan rates for significant changes, particularly changes of the downward rendition. Refinancing is reasonable in contrast with how much cash you can save assuming you get the right low interest home loan. Fostering a decent connection with your mortgage broker might bring about the person in question calling you when the rates drop!

On Time Payments - There isn't anything that can damage or help your credit rating more than your payment propensities on your home loan. Make payments on time and your credit score will raise rapidly. On the other hand, pay late and you'll do long haul harm that is hard to fix.

Speedy Home Mortgages On the web - Safe

For what reason would it be advisable for you to search for home mortgages on the web?

1) Get mortgage statements from a legitimate lender and your data will be secure. Don't check with each unheard-of mortgage organization on the web, stay with names you can trust, as their internet based security will be first class.

2) Quick Handling - Mortgage organizations who operate online aren't limited by a similar home loan processes as huge neighborhood banks, and can deal with applications quicker.

3) Low Rates - With such countless lenders from which to look over, online mortgage brokers and home loan experts will undoubtedly find a program that is ideal for your budget and home loan needs.

How to Analyze Various Home Loans

You've heard the colloquialism "You can't make an invalid comparison", correct? While you're looking for a home loan, you need to make examinations among similar kinds of loans. At the point when you look at a 30 year fixed home loan with 7% interest to an adjustable rate mortgage with 3.2% interest, you're contrasting one type with a totally different type unless you know the particulars to each kind of loan.

[bitchesgetriches]

Hello dear internet aunties!! My fiancé and I just closed on a HOUSE. We are thrilled!!! And curious: how does this new debt affect our debt usage ratio? We both pay off our credit cards every month and have no student debt, so normally our ratio is very low. What does adding $160,000 of debt to it do?? Thank you dearies!!

Congrats, babies! We're very proud of you both. Enjoy the nesting process.

Adding $160k of debt can SEEM like it would be really, REALLY bad for your credit score. And in the short term, your credit score might take a little nose dive. But in the long run, it's going to be really great for your score! Your score will go up as you make your monthly mortgage payments and all you have to do is pay your bill on time.

In the long run, having a mortgage is good for your credit score. But remember the entire purpose of the credit score: to prove you're worthy of new loans. Now that you've bought a house (arguably the biggest purchase you'll make in your lifetime), you might find your need for a high score is less urgent. Unless you need to get a new line of credit.

Here's more info on how it all works:

Dafuq Is Credit and How Do You Bend It to Your Will? 

[nabanna]

Student Success Class: Let's talk about financial success! Credit Scores! Student Loans! Mortgages! Watch ~100 minutes of business majors telling you how money works for them and how great student debt is for the economy!

Me: there is nothing else you could possibly have done to make me less eager about managing something as stupid as a credit score or to discourage me from ever glancing at a student loan

Business Major Boys: But won't you love having the loans and not needing to worry about paying for school until later, when you can pay it all off with ~interest~ over the course of ~the rest of your low-income life~! Don't you love student debt :)

Me: if I have to listen to you talk about this for one minute longer then maybe I'll just cut the academic ties right now and find some tailor or shoemaker who needs an apprentice

[shubh--arenainfosolution14]

Get flexible and low interest rate personal loan

Get flexible and low interest rate personal loan

In today's fast-paced world, financial flexibility is often essential. Whether you want to consolidate debt, cover unexpected expenses, or fund a dream vacation, personal loans can provide the necessary financial support. This comprehensive guide will walk you through the ins and outs of personal loans, helping you make informed decisions about borrowing money. Arenafincorp is the top-notch financial company in jaipur

Understanding Personal Loans -

A personal loan in jaipur is an unsecured loan typically offered by banks, credit unions, or online lenders. Unlike secured loans, such as mortgages or auto loans, personal loans don't require collateral. Instead, they're personal loans in jaipur based on your creditworthiness, income, and financial history.

Types of Personal Loans - 

1. Traditional Personal Loans:

 These are the most common types of personal loans. They come with fixed interest rates and a predetermined repayment schedule. Borrowers receive a lump sum upfront and repay it in instalments over the loan term, usually ranging from 1 to 5 years.

2. Lines of Credit: 

A personal line of credit provides flexibility. It works like a credit card, allowing you to borrow up to a specified limit and repay it as needed. Interest is charged only on the amount you use.

Key Factors to Consider Before applying for a personal loan in jaipur, it's crucial to consider the following factors:

1. Interest Rate: 

The interest rate, often expressed as an Annual Percentage Rate (APR), determines the cost of borrowing. A lower APR means you'll pay less in interest over the life of the loan.

2. Loan Term: 

The loan term affects your monthly payments. Shorter terms result in higher monthly payments but lower overall interest costs, while longer terms reduce monthly payments but increase total interest expenses.

3. Fees: 

Be aware of any origination fees, prepayment penalties, or other charges associated with the loan.

4. Credit Score:

 Your credit score plays a significant role in the interest rate you'll qualify for. A higher credit score can lead to better loan terms.

5. Repayment Plan:

 Ensure that the monthly payment aligns with your budget and financial goals.

Applying for a Personal Loan in jaipur

1. Check Your Credit Report:

 Obtain a free copy of your credit report from each of the major credit bureaus (Experian, Equifax, and TransUnion) and review it for accuracy.

2.Compare Lenders:

Shop around and compare offers from different lenders to find the best terms and rates for your needs.

3. Gather Documentation:

 Lenders may require proof of income, employment, and other financial information. Prepare these documents in advance to streamline the application process.

4.Submit Your Application:

 Complete the loan application with your chosen lender. Be honest and accurate with your information.

Managing Your Personal Loan

Once you've secured a personal loan in jaipur, it's essential to manage it wisely:

1. Create a Budget:

 Incorporate your loan payments into your budget to ensure you can comfortably meet your obligations.

2. Automatic Payments:

 Consider setting up automatic payments to avoid missing due dates and incurring late fees.

3. Avoid Additional Debt:

 Resist the temptation to accumulate more debt while repaying your personal loan. This can lead to a cycle of debt.

4. Emergency Fund:

 Build or maintain an emergency fund to cover unexpected expenses, reducing the need for future loans.

Conclusion

Personal loans can be valuable financial tools when used responsibly. By understanding the different types of personal loans, considering key factors, and managing your loan wisely, you can make borrowing money work for you. Always do your research and choose the loan that best aligns with your financial goals and capabilities.