Understanding your credit can be the difference between becoming a home owner now, or three years from now! In this episode of our 4 part series, Traci Gratzek (ROCK Star LO at NOVA Home Loans) and yours truly. We are gong to talk about building NON Traditional Credit! This is a great topic, I learned so much from just this 90 second episode, I am sure you will too. Of course, we certainly hope you reach out to us, when you're ready to buy! She and I have been working together for … (0 comments)
credit counseling: The Credit Conversation Continued - How many trade lines are needed?
- 12/14/17 10:31 AM
The Credit Conversation Continued - How many trade lines are needed? I have previously shared with you, from my personal experience, how to increase your credit score in 90 days or less using the "10%" rule when using our credit cards. Once you have accomplished that, its time to take the next step and ensure you have enough "trade lines" to have enough "credit" to begin the Home Mortgage Process. Again, in my experience (nearly 20 years as the Real Estate Guy® in AZ) with the handful of lenders I have partnered with, all ideally want to see 3 solid trade lines of … (1 comments)
There are many ways to approach credit building, credit repair and/or restoration. In my experience, this is one of the easiest ways to approach rebuilding your credit after a bankruptcy. I had a credit score under 500 (probably worse at one point) so I need to build it back up again, my approach, went online to a credit card company, filled out the request and indicated "why" I needed the card.
I was approved, $300, so I did what I mention here in this video with that card. Then … (4 comments)
Chris & Traci in the Morning - The Credit Series
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