In good news for borrowers struggling to get a mortgage due to their poor credit score, mortgage lenders might start considering rent payment history in credit scores. A new study shows that this could be the key difference for future homeowners.
So signs point to a gradual loosening of credit standards for potential mortgage borrowers, but most people still think they won’t qualify, which is a large part of the reason people aren't trying to get a mortgage in the first place.
Each Vanguard excels in a wide range of skill sets but all share one common trait: the ability to lead, motivate and inspire their employees. Each of them are more than capable leaders that utilize their resources to solve problems, create solutions and drive innovation in their respective areas in the industry.
The next step to the advancement of digital mortgages lies with utilization of blockchain technology. This nascent technology will take all these measures and truly transform the industry from paper to digital, resulting in transparency, better data security and higher revenues from operational efficiencies.
Housing affordability is a crucial ingredient in any thriving community. And yet, in cities and towns across the country, there is a growing recognition that truly “sustainable communities” can be created only when multiple forces come into play. The cost of a home is only one of those factors.