Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage refinancing...
A loan officer may get these leads and run no-obligationpre-approvalsfor those clients to win them over. Often, a real estate agent’s recommendation will end up providing financing since borrowers don’t tend to shop around. Loan Officer’s Job Is to Sell! In any case, your role as a...
Loans can be paid off to qualify for a mortgage, but credit cards sometimes cannot (varies by lender). The reasoning is that if the credit card is paid off, the credit line still exists, and the borrower can run up debt after the loan is closed. A borrower with fewer liabilities is t...