Realty Times All Rights Reserved. Combine low start rates with more liberal qualification standards than fixed-rate financing and ARMs could often be the most attractive mortgage option for many borrowers. But ARMs have always been a compromise form of financing.
Borrowers get some benefits, and so do lenders.
Let us show you. Stocks, bonds, and real estate are sometimes seen as competing investment mediums, but the reality is that they are all tied together. Conversely, when stock values fall, investors and equity holders in other areas need to consider how they will be impacted. Credit scores give your lender a benchmark that helps him or her determine the likelihood of your ability to repay your loan. Your credit score will range typically between 600 to 800, with higher numbers indicating a stronger standing.