A Cheque requisition can also be attached to a vendor invoice where it is necessary to alert Accounts Payable of any special instructions pertaining to that invoice, such as special mailing instructions or special payment requirements (ie wire transfers).
To get more traditional mortgage loans, your credit scores need to get above the 620 to 640 range. If you want to get the best interest rates, you need to raise your credit score into the 740+ credit score range.
Federal Housing Administration home loans are getting a tuneup, with many changes going into effect Oct. 4. Under new rules, potential borrowers will likely save thousands at closing. But those monthly mortgage payments will be a little higher. In addition, FHA is setting a minimum FICO score of 500 for homebuyers. And borrowers with scores of less than 580 will have to put 10 percent down, instead of 3.5 percent. If you're looking to buy or sell a home in the near future, FHA's changes are likely to impact your wallet.