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credit report: Ethical Credit Repair - attorney assisted challenges to derogatory references - 07/22/08 03:38 AM
When does credit repair cross the ethical line and become falsification of a credit report?
More and more applicants seem not to qualify because of credit issues. They come fully aware of their credit situation and even know their credit score. In the past many would have qualified for a subprime loan. Many would have qualified for FHA financing, but FHA has tightened credit standards and many lenders have further tightened their own standards for manual approval.
These borrowers oftentimes can be helped with credit guidance. Correcting inaccurate references. Paying down some credit lines. Disputing errors. Adding non traditional references. This … (80 comments)

credit report: Credit repair, Home Purchases, Impact of credit on your home purchase - 06/29/08 04:49 PM
Credit may be the biggest single factor in mortgage qualification. Certainly some loan officers fail to look beyond credit when they evaluate a loan application and may get caught at the end with another of the important details, but credit nevertheless does stand out as a primary approval factor.
In today's market with credit standards tightening and subprime programs unavailable, it is important that consumers, potential home buyers, understand the impact of their credit standing and what to do about it.
Most buyers learn very quickly about credit grading. I have many buyers contact me who already know their middle score. … (3 comments)

 
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Richard Smith FHA VA Rural Development in TN GA

Chattanooga, TN

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Address: 1961 Northpoint Blvd, Suite 110, Chattanooga, TN, 37343

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