CAHomeMortgage

Archive for June, 2011

How To Increase Your Credit Score – Part 2

Many people are under the impression that closing credit card and other revolving debt accounts helps to improve their credit score. In reality, the opposite is true and by doing so they will create more harm than good.  This is because the algorithm used by the credit bureau's to calculate your credit score looks at [...]

Understanding the Final Settlement Statement on Your Next Home Purchase or Refinance

Thanks to the government stepping in and changing what was once a relatively easy form to understand to one that requires a PhD in calculus you'll probably find the Final Settlement Statement very confusing! One of the most difficult parts is that, let's say you go through a mortgage broker and they get paid $5,000 [...]