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Lenders will now be requiring Credit Reports to be pulled prior to funding. This is huge! What this means to a buyer is : Please Please Please, do not go out and buy anything until you get your keys, do not co-sign for someone, do not charge anymore on your credit cards, do not do anything which may either have a negative affect on your credit score, or increase your debt, both of which could jeapordize your presently qualifying. What this means to a Loan officer: Please prep your buyer/clients on this issue. Many time we know buyers are so excited … (1 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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