Found 1 blog entry tagged as Real Estate Loans.

Before you make plans to buy or refinance a home, you should know some of the things that lenders will consider before offering you a mortgage rate.  While interest rates are quite low right now, compared to many years past, they are still important in determining how much you can afford when considering your Berkeley or Oakland home purchase. 

While the marketplace always plays a strong role on the lending and financing issues of the day, the general considerations are:

a. Your Credit Score: This is certainly a key way for lenders to determine how responsible you are about acquiring debt, and paying it back in a reasonable and efficient manner.  Obviously, you will be offered a much lower, more appealing, mortgage rate if your credit score is…

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