Summary: Qualifying for a home mortgage loan or a refinance mortgage loan is different for each mortgage lender. It is more than just credit scores that are important and it can be very confusing. A good mortgage broker can help sort through the confusion.
Your credit score is merely an indicator as to whether a mortgage lender will even look at your loan application and if you are eventually approved, what interest rate and term (length) they can offer.
However, mortgage lenders have other parameters and criteria for their loan decisions that you will never know about!
Getting a home mortgage loan, new home loan or home mortgage refinance depends not only on your credit scores, but on...read the rest HERE.