Even with interest rates at historic lows, there can be a big difference in the rate you'll be charged if you have good credit and not-so-good credit. How much? The difference over the lifetime of a 30-year, $200K mortgage can be $67K. That's a serious chunk of change. There are two metrics that home lenders will use to determine whether or not to approve your mortgage: debt-to-income (DTI) and credit score. Get more information on how to shape up your credit.
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Shape Up Your Credit to get a Mortgage
Week of July 30, 2012
Current Issue
- A Look at the Army Furlough Process
- Army Emergency Relief Update
- Army Contracting Website Wins Award
- Army Reserve Retirement Services
- College Grant for Surviving Children
- DoD Pilots Healthy Living Programs
- Bristol-Myers Squibb Hiring Veterans
- Free Alterations for Wounded Soldiers
- AF Education Opportunities
- Retirement Investment Tips for Servicemembers
- Plan Early for Household Moves
- Planning Your Financial Future
- Security Clearance Wanted in 2013
- VA Loan Limits for 2013
- VITA Helps Troops File Taxes
- VA Loan Foreclosure? Call a Regional Loan Center
- $400k Protection Starting at $26 a Month
- Calculate Your 2013 Pay
- Preparing for Deployment? Get Your Personalized Checklist
- Deal of the Week: Special FREE TurboTax Offer
- New Joint Services Education Transcript
- VA Wait Times Still Too Long
- Naval Museum Opens Exhibit
- Military and Spouse Career Fair
- AF Announces Captain Promotions
- AF 1st Sgt Academy Moves to Hybrid Model
- Naval Research Office Issues Challenge
- Navy Suspends Early Transition Program
