Credit Grading Calculator

Your credit grade is an important factor when applying for a mortgage loan, because it effects the terms of the loan. It is a combination of: mortgage credit of current and previous mortgages; consumer credit of loans and credit cards; and public records of bankruptcies and foreclosures. The calculator estimates your credit grade based on your financial information, so enter the information to the best of your ability for an accurate calculation.

Section A: Mortgage Late Payments


Within the last 24 months have you had any late payments on your mortgage?

If yes, continue, otherwise skip to Section B.

Number of Mortgage Lates within the last 12 months		Between 13 and 24 months ago
30-59 days late		30-59 days late
60-89 days late		60-89 days late
90+ days late		90+ days late
Are you currently late on your mortgages?

Section B: Consumer Loan Late Payments


Have you had any late payments on your credit cards, auto loans, student loans or any other consumer debts?

If yes, continue, otherwise skip to Section C.

Number of Consumer Lates within the last 12 months		Between 13 and 24 months ago
30-59 days late		30-59 days late
60-89 days late		60-89 days late
90+ days late		90+ days late
Are you currently late on your consumer loan payments?

Section C: Collections, Charge Offs, Judgements, Tax Liens


Do you have any collections, charge offs, judgements or tax liens?

Section D: Bankruptcies


Have you been bankrupt during the last 7 years?

Section E: Foreclosures


Have you had any foreclosures during the last 7 years?

Section F: Payment Load


Do you have a lot of consumer debts, such as credit cards, auto loans, student loans, etc.?

Section G: Equity in Your Property


The value of my house is	$
The total amount of loans on my house are	$