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Do you know these common credit terms?

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09/16/2016 | Author: Editorial Staff

Guiding your client through the process of buying a home means getting closely acquainted with their financial situation. There will be discussions of mortgage applications, debt-to-income ratios, and, likely, their credit report. But are you confident you can correctly interpret the litany of credit-related terms your clients might have questions about? Take our quiz to test your knowledge before you get stumped.

Categories: Buyers
Tags: quiz, buyers, credit report, credit score

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on Any legal or other information found here, on, or at other sites to which we link, should be verified before it is relied upon.

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