Buying a home in St. Louis? Congratulations! Whether you’re a first-time homebuyer or looking to refinance, securing the right mortgage is crucial. But beware of trigger leads, a sneaky practice that bombards you with competing offers and outright spam and identity theft schemes after you apply for a loan.
What are trigger leads? Simply put, when your credit is pulled for a mortgage,…
The Fed Might Be Done Raising Interest Rates
Are you a St. Louis homeowner actively seeking favorable interest rates for your Home Equity Line of Credit (HELOC)? If so, there’s promising news on the horizon. Starting as early as next summer, your HELOC might become more cost-effective, presenting a prime opportunity for you to save on borrowing costs.
In the coming 6-12 months, St.
The Importance of Credit History
Like it or not, having credit is important today. While there are millions of people who are “credit invisible” in the US, their lack of credit can cause considerable hardship. You need credit to:
Buy a house with a mortgage
Purchase a car without cash
Even to rent a car or get a job in some cases
It’s not impossible to get credit with no credit. But…