What’s the score? A brief guide to credit scores Mar 17th, 2025 by: Doug McGregor Banking TipsCredit ScoreFinancial WellnessHome LoansMortgage Tips Your credit score is a part of the package of information lenders use to decide whether or not they will lend you money or extend credit. Other factors include things like your employment history and income and their own internal scoring systems. There are two primary credit scoring models you need to know about: FICO® ... Read More
Busted: Top 4 Mortgage Myths Feb 10th, 2025 by: Regan Godderz Banking TipsHome LoansMortgage Tips Myth #1: You need a 20% down payment to buy a house. This is one of the most enduring myths about home ownership. After WWII, using a mortgage to buy a home became much more popular than in years past, and yes, a 20% down payment was typical. Today, we have a wide array of ... Read More
