dispute: 5 Great Ways To Make Sure Your Mortgage Gets Denied
- 02/15/11 12:00 PM
When getting a mortgage make sure you know what to do and not to do. This post will deal with what not to do. Here are the top 5 ways to get your loan denied. Disputed Accounts If you have an account on your credit report that you are disputing, you may not get approved for a mortgage. You must either have it resolved or you must have it removed. For directions on how to get your disputed account resolved and updated on your credit report, check out: Disputed Account. Open or Applying for New Credit DO NOT APPLY FOR NEW CREDIT!!! Once … (9 comments)
dispute: Do NOT Dispute Your Credit Accounts If You Want A Mortgage!
- 02/07/11 05:41 AM
Recently, Mortgage Underwriting Guidelines have changed. You can no longer have a disputed account on your credit report and get approved for a mortgage. It must be removed, in order to get approved. When you have a disputed account it is taken out of the scoring model, causing the underwriter to not get a fair and complete picture of your credit situation. You must get this disputed account removed before the file goes into underwriting or before you can close on your mortgage. Keep in mind the process of removing a disputed account can take 30-60 days. Here is my suggested … (0 comments)
dispute: Disputed accounts on Your Credit Report are now a problem!
- 05/25/10 03:46 AM
Recently, Mortgage Underwriting Guidelines have changed. You can no longer have a disputed account on your credit report and get approved for a mortgage. It must be removed, in order to get approved. When you have a disputed account it is taken out of the scoring model, causing the underwriter to not get a fair and complete picture of your credit situation. You must get this disputed account removed before the file goes into underwriting or before you can close on your mortgage. Keep in mind the process of removing a disputed account can take 30-60 days. Here is my suggested … (4 comments)
When getting a mortgage make sure you know what to do and not to do. This post will deal with what not to do. Here are the top 5 ways to get your loan denied. 
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