Credit Cards Document FAQ Finance 
Savings Corner
APRIL 4, 2024
Here’s generally how it works: The lender will do a credit check. You’ll turn in any required financial documentation. But there’s one key difference: You use the cash from the equity you’ve built in your home to repay other non-mortgage debt, like credit card balances. You’ll pay for a home appraisal.
Savings Corner
DECEMBER 24, 2023
Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. The higher your credit score, the lower the interest rate you will be eligible for — which means that lower scores equate to more expensive mortgages.
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