Category Archives for "Credit"

Mortgage Interest Rates
Jul 26

How to Explain Derogatory Credit

By Mortgage Foxes | Credit

As part of the loan process, your borrower may be required to provide an explanation for derogatory credit such as late payments, bankruptcy, or judgments. This is a very important step and may make the difference in the loan program and interest rate that your borrower is approved for. While some borrowers are sophisticated enough […]

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