What is a credit score and how is it calculated?

Posted by Omar Khamisa on April 26th, 2012 02:53

The score is a number between 300 and 850 that is used to determine your creditworthiness — that is, to predict how likely you are to pay your bills. Many of the companies with whom you have a loan or a line of credit report back to the three credit bureaus information such as whether you pay on time, your credit amount, etc. Your credit score is calculated from this personal financial information found in your credit report.

The higher your credit score, the better the credit terms you will... Read Full Post: What is a credit score and how is it calculated?


Understanding Credit Ratings

Posted by Omar Khamisa on April 26th, 2012 03:37

You hear a lot of talk about credit scores these days. They are becoming more and more important as it becomes harder and harder to maintain good credit. Credit plays a role in everything from buying a home, to signing up for cell phone service or utilities, to getting car insurance. A score is a snapshot taken by the three leading credit bureaus, TransUnion, Equifax and Experian, that allows lenders to determine whether or not you will be extended credit, the amount of credit and even the terms (interest... Read Full Post: Understanding Credit Ratings


Document Checklist

Posted by Omar Khamisa on April 26th, 2012 02:49

Document Checklist for Loan Application I’ll need to gather information on your financial situation in order to process your application for a home loan or a refinance of your current loan. I may ask you for some or all of this documentation during the application process. If you apply online or over the phone, I will ask you to either fax, email or mail these documents. As always, if you have any questions or need help, I am just a phone call or an email away.
Document Checklist


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W.J. Bradley Mortgage Capital, LLC is a privately held independent mortgage lending firm, founded in 2003 and headquartered in Centennial, Colorado. We are a boutique lender, backed by private... Read More


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