When applying for a mortgage loan, your credit score will be considered. Credit scores usually consist of any late payments, delinquencies, tax liens, etc., that you may have. This calculator will give you an estimate of your credit score by using the number of late payments you have on various accounts. It is not a "true" credit score, but will give you a good idea on where you stand.
Mortgage Payments (# of late payments past 12 months)
Revolving Credit (# of late payments past 12 months)
Misc Items (# of years since last action)
Personal Bankruptcy
Creditor Judgements against you
Collections or Wage Garnishments
Creditor Chargeoffs
Tax Liens
* This is an approximate rating. Different lenders may grade you
somewhat higher or lower, depending on their internal underwriting
requirements. Also, the elements which influence your credit
rating are often subject to interpretation. There may be
mitigating factors, such as a layoff for example, which are not
likely to reoccur.
