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I enjoyed my free account with Wells Fargo, but I enjoyed the Premier Checking account even more after I upgraded. I enjoy many features such as unlimited transfers into my savings account, which really does help me with managing my money. While you do pay a monthly fee, I do think that it is worth upgrading for the extra features and benefits.
Army Aviation Center Federal Credit Union was my first ever bank account when I was 18 years old. I must say that I really enjoyed the time that I spent with them. They have very useful apps that make it easy to transfer money and check on your account status, though they have a limit on how many times per month that you can transfer funds. AACFCU also does not refund ATM fees like other banks. They also have many tools available on their website. This bank was pretty local, so when I moved out of Alabama, I switched banks. If I hadn't moved, I would still be with them today.
This is a very good company. They offer competitive rates and coverage that compete pretty well with some larger name-brand companies. The claims process is pretty quick, and the representatives are very helpful and seem to care about their customers. I really enjoyed the time I spend doing business with Esurance, but in the long run, I chose to go with another company.
This is truly a great company to have car insurance with. Their headquarters is located in San Antonio, Texas, and I actually spent some time working there, so I have a pretty good idea of how the company works. They are a 24/7 call center, so if you get in an accident after business hours, you do not have to worry. The claims process is very fast, and they offer many different coverage and benefits. While they may not be the cheapest, I do think that they have the best customer service.
This checking account is free, and they will actually refund you you're ATM fees. I have the mobile app and it very easy to transfer funds between your different accounts. You can even take a picture of a check you would like to deposit in order to put the money into your account. There are no hidden fees, and you almost never need to actually go to a physical bank to conduct your business.
It is still possible for you to get a mortgage loan with bad credit. However, most mortgage lenders do pay heavy attention to your credit score. This is because your credit score is an indicator of your future payment pattern, and lenders want to know that they can rely on you to make your payments on time.
As far as you going about actually getting the mortgage and deciding who to go with, Federal Housing Administration's loan program is the most commonly used program for those with a less than perfect credit score. The minimum credit score to qualify for this program is 580 and will also require a 3.5 percent down payment. More commonly, however, most lenders will require an even higher score to qualify for this loan. This requirement is between 620 and 640. You will also be required to meet or exceed the lender's debt-to-income ratio (usually 41-43 percent of your gross monthly income maximum).
Unfortunately, Federal Housing Administration loans have higher mortgage insurance interest rates because of their lower credit requirements. Unless a larger down payment is made initially, the mortgage insurance payments must be kept up with throughout the entire span on the loan. However, with that being said, the actual interest rate on the mortgage loan itself is not much higher than average mortgage loan interest rates.
So, as far as getting a mortgage, depending on how bad your credit score is, it is still possible. If you find that your credit score is too low for you to qualify, you can look into repairing your credit score so that you can apply for a mortgage in the future. Some suggestions for repairing your credit are always paying at least the minimum amount due on your credit cards, not spending all the way up to your credit limit, and do not open new credit cards.
So, once again, you do have many options available to you. It all depends on your actual credit score as to which mortgage loans you qualify for. You also have the option of taking extra steps to raising your credit score so that you can apply for a mortgage that will better fit your current needs and lifestyle.