Found 3 blog entries tagged as credit reports.

After a short sale, when can I buy another home using a VA, USDA, FHA, or conventional loan?

From 2008 through 2016 many homeowners suffered great financial difficulties.  On top of situations such as job loss and medical issues, many home values decreased dramatically.  Therefore homeowners were not able to sell their home since they were underwater.  This is why a short sale was so popular during this period.  Lenders basically agree to accept an amount lower than the mortgage balanced owed.  While this is considered a big credit delinquency, it isn’t the end of the world.  A knowledgeable buyer can purchase another home in a very reasonable amount of time.

How to Get Approved After a Short Sale

When someone goes through a short sale,…

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How to have Perfect, Walk on Water, Qualifies for the Best Rate There IS, Credit



How to have perfect credit for best rates and approvals

As we always say, nowadays everyone is a number so you might as well have a high one!

Tips for getting that elusive perfect credit score:

If there is one thing that we go over most in a day is educating borrowers about how credit scoring works. A lot of people have no idea what their credit looks like or know what makes credit good other than paying bills on time (which is only 35% of the score).  So we do our best to educate our borrowers on how credit scoring works so they can use this knowledge to get that highest tier, walk on water credit score.

35% of your score come from your payment…

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7 Quick Reminders to help safeguard your mortgage closing


7 reminders to safeguard your purchase closing

7 reminders to safeguard your purchase closing

As soon as someone is interested in buying or refinancing a residential property and you are involved as a realtor, say these reminders over and over.  The reminders are to reduce the chances of loan denial or delays in closings.  In mortgages and buying real estate, live by these rules to make your life easier!  (Remember nothing is guaranteed though in real estate and mortgages):

 

Here are the 7 reminders to safeguard your closing from disaster:

 

 

  1. Tell your borrower/buyer to get us everything we ask for yesterday (it is best to have documents reviewed prior to contract)
  2. DO NOT quit or change jobs and don’t…

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