Menu    About Me    Properties    For Buyers    For Sellers    Moving    Financing  Choosing a Lender   Common Loan Errors   Loan Application   Calculate Payment   Credit Score   Glossary of Terms   Mello Roos   Mortgage     Community    Property Management    Foreclosures    Realtors /featuredget1_v.htm: Line 18: MvGO: Runtime Error: Record is not in index Featured Property Corona 4br / 3.5ba $449,000 2786 sq.ft. Rates & Indicators Rate Chg 30 Yr Fixed 6.125% 15 Yr Fixed 6.325% 1 Year ARM 5.75% Pick a Pay 1% as of 9/3/2010  Credit Grade Calculator Mortgage (and other loan) qualification is increasingly being done by means of "credit scoring". This is a mathematical analysis which considers many different aspects of your credit history -- late payments, delinquencies, tax liens, etc... and expresses it as a single "grade". This calculator will "grade" your credit using the number of late payments you have on various credit accounts. This isn't a true "credit score", but will give you a pretty good idea of your credit worthiness.    Your Credit Grade* Mortgage Payments (# of late payments past 12 months) 30 Days Late None 1 2 - 3 4 + 60 Days Late None 1 2 - 3 4 + 90 Days Late None 1 2 - 3 4 + 90+ Days Late None 1 2 - 3 4 + Revolving Credit (# of late payments past 12 months) 30 Days Late None 1 - 2 3 - 5 6 + 60 Days Late None 1 - 2 3 - 5 6 + 90 Days Late None 1 - 2 3 - 5 6 + 90 + Days Late None 1 - 2 3 - 5 6 +   Misc Items (# of years since last action) None Current 1 Year 2 Years 3 Years 5 Years 7 Years Real Estate Foreclosure None Current 1 Year 2 Years 3 Years 5 Years 7 Years Personal Bankruptcy None Current 1 Year 2 Years 3 Years 5 Years 7 Years Creditor Judgements against you None Current 1 Year 2 Years 3 Years 5 Years 7 Years Collections or Wage Garnishments None Current 1 Year 2 Years 3 Years 5 Years 7 Years Creditor Chargeoffs None Current 1 Year 2 Years 3 Years 5 Years 7 Years Tax Liens   * This is an approximate rating. Different lenders may grade you somewhat higher or lower, depending on their internal underwriting requirements. Also, the elements which influence your credit rating are often subject to interpretation. There may be mitigating factors, such as a layoff for example, which are not likely to reoccur.   | home | about me | properties | for buyers | for sellers | moving | financing | community | property management | foreclosures | realtors | Licensed by California Dept. of Real Estate #01362681 Design & Contents Copyright © 2010 -  Partners -  All rights reserved -  Friends -  Privacy Statement 4190 Green River Rd  - Corona  - CA  - 92880  - 951-520-9356 Honesty - Integrity - Commitment - Real Estate Web Design by Web611.com  Equal Housing Opportunity.

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