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Thelendersnetwork.com news digest

  • 5 years

    The Basics of Rent-to-Own Agreements

    4 minute read Rent-to-own or lease-to-own agreements are traditional rental agreements that also provide an option for a tenant to purchase the rental home. This arrangement is more common in single-family homes, but sometimes can be implemented for...

  • 5 years

    FHA Credit Score Requirements for 2018

    FHA loans are popular because borrowers can qualify with less-than-perfect credit. The minimum credit score for FHA loans is 500 with 10% down, or 3.5% down with a 580 credit score. In this article we’re going to cover FHA guidelines and requirements...

  • 5 years

    10 Tips to Help You Get Approved for a Home Loan

    So how do you get approved for a home loan? Mortgages can be complicated and confusing for many homebuyers. It doesn’t have it be. In this article we will simplify the process of getting a home loan. Compare Loan Offers from Multiple Lenders 1. Get Your...

  • 5 years

    What is Considered a Good Credit Score

    In 2018 the average FICO credit score in the US is 704. This is the highest average credit score ever! Credit scores have been on rise ever since the great recession in 2008 when the average score was 686. So what is a good credit score? Generally speaking...

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