consumer spending

Your credit score gives lenders a sense of how likely you are to make regular, on-time mortgage payments. So, it’s a critical part of the approval process for mortgage refinancing. Typically, homeowners need at least a 620 FICO score to refinance. But if you don’t meet this threshold, you still have options. Below, CNBC Select

VA loans are zero-down mortgages for active service members and veterans that are insured by the Department of Veterans Affairs and funded by private lenders. Created in 1944, the VA loan program has aided more than 24 million families achieve homeownership with flexible qualifications, lower rates, no down payment and no private mortgage insurance. No