Ar_home_b_search
 



credit scores: Are Credit Repair Companies Really Worth It? - 08/11/09 09:47 PM
I'm struggling, I have two credit repair companies that I have been working with for a while now. I send them business, they accept the business I send by signing up the clients, take their money and then time goes buy...nothing.  I have a client that 18 months later (at $69 a month) he is told by the repair company that his credit is 50 points higher and I then pull the borrowers credit and the score is lower than before and nothing has been done.
Unfortunately, I do not have the time to help these folks clean up their credit....this is what these companies … (8 comments)

credit scores: Pricing on FHA is beating a 20% down Conventional loan? Are you kidding me? - 08/25/08 10:03 PM
Okay, I'm shocked....I just priced out a 20% down Conventional with a 647 credit score, I just knew Conventional would beat FHA. NOPE, even with mortgage insurance FHA beat out Conventional. I'm not sure how I feel about this.
I can remember when 647 was a good score, there are pricing hits even with a 739 and 20% down. So the new walk on water credit score is 740+, who has that anymore? Scary considering that the average credit score for Americans sit around 670 ish.
So when the time comes, how do I explain to the buyer with 20% down that FHA … (9 comments)

 
Catherine_4683

Catherine Eusea-Mortgage Lender at

Fort Collins, CO

More about me…

Prospect Mortgage

Address: 2032 Caribou Drive #102, Fort Collins, CO, 80525

Office Phone: (970) 223-8300

Cell Phone: (720) 300-6777

Email Me



Links

Archives

RSS 2.0 Feed for this blog