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  2. What credit score do you need to buy a house? - AOL

    www.aol.com/finance/credit-score-buy-house...

    FHA loans (500 to 580): You might qualify for an FHA loan with a credit score of 500 to 579 with a 10% down payment. Otherwise, you might need a credit score of 580 or higher—the good news is ...

  3. How your mortgage affects your credit score - AOL

    www.aol.com/finance/mortgage-affects-credit...

    Unfortunately, if you miss a mortgage payment, our credit score can take a significant hit. Late payments will linger on your credit report for up to seven years, with the impact diminishing over ...

  4. Is 750 a good credit score to buy a house? - AOL

    www.aol.com/finance/750-good-credit-score-buy...

    Yes, a 750 credit score puts you in a good position to apply for a mortgage (assuming you meet the lenders’ other criteria as well). Conventional, FHA, VA, USDA and even jumbo home loans all ...

  5. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    2. Pay down or pay off debt. When working toward buying a home with bad credit, try to pay down what you already owe. Lowering your debt load might not only boost your credit score, but also make ...

  6. Credit rating agencies and the subprime crisis - Wikipedia

    en.wikipedia.org/wiki/Credit_rating_agencies_and...

    Credit rating agencies and the subprime crisis is the impact of credit rating agencies (CRAs) in the American subprime mortgage crisis of 2007–2008 that led to the financial crisis of 2007–2008 . Credit rating agencies, firms which rate debt instruments / securities according to the debtor's ability to pay lenders back, played a significant ...

  7. Credit rating agency - Wikipedia

    en.wikipedia.org/wiki/Credit_rating_agency

    Corporate finance. A credit rating agency ( CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, [1 ...

  8. Foreclosure rescue scheme - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_rescue_scheme

    Foreclosure rescue scheme. A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm ...

  9. 16 first-time homebuyer mistakes to avoid - AOL

    www.aol.com/finance/16-first-time-homebuyer...

    10. Draining your savings. Spending all or most of your savings on the down payment and closing costs is one of the biggest first-time homebuyer mistakes, says Ed Conarchy, a mortgage planner and ...

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