credit problems: What Effects Our Credit Scores Negatively? - 07/31/08 11:41 PM
Have you ever wondered what effects our credit scores negatively?
There is first of all the obvious:
Recent late paymentsOld collection accounts
New collection accounts
Too Many inquiries
Judgements
Tax liens
Bankruptcies
Then there is not so obvious:
Outstanding balances on our credit cards (even when paid on … (1 comments)
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credit problems: Do You Know Any Victims of Identify Fraud? - 07/20/08 02:30 PM
Do you know any victims of identity fraud? In this electronic age we are living in, identity fraud will become more and more common. You have to be careful who you give your personal information to.
When you pull your credit report and find accounts that are not … (1 comments)
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credit problems: Can You Trust Credit Restoration Companies? - 07/17/08 09:50 AM
I am often asked, "Can you trust credit restoration companies?" Is there anyone out there who does what they advertise? I must admit that many of these companies are not trust worthy.
Beware of companies who make promises of guaranteed credit repair. The client is part of the … (0 comments)
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credit problems: How Does Credit Card Debt Effect Our Scores? - 07/16/08 10:11 AM
I am often asked about how credit card debt effects credit scores. You would be surprised how paying down your credit card debt can raise scores significantly. If we allow our balance to get to 50% of our credit limit, it effects our scores negatively even though we are paying them … (5 comments)
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credit problems: Is Credit Repair Really Legitimate? - 07/15/08 10:08 AM
Is credit repair really legitimate? Can credit scores really be improved dramatically in a few months time? There is so much scam out there it is hard to know who you can trust and if it will really produce the results you are looking for.
I know, I have had … (4 comments)
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credit problems: Anyone Can Turn Bad Credit Around - 07/14/08 04:19 PM
If we understand credit it is our friend. If we don't understand credit it can be our enemy. Many people do not understand the basics of good credit nor do they know how to turn around their bad credit situation. There are certain fundamentals, if applied properly, that will turn any credit situation … (6 comments)
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credit problems: How do you post a winning score in the credit game? - 07/08/08 10:31 PM
I want to chat a little about credit scores and credit scoring, and how they can hurt or help you. Let me start with the basics. There are 3 credit bureaus, Trans Union, Experian and Equifax. They maintain credit files, handle disputes and monitor public records for collections, foreclosures, judgements … (2 comments)
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credit problems: Let's talk about renting - 07/08/08 02:27 PM
You know, I avoided rentals when I first started. I just didn't see the need, wasn't that familiar with the laws and focused more on selling. However, once times got tough I realized that I needed to expand a bit to keep my business going. Then I started doing rentals. … (0 comments)
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credit problems: Whats YOUR DREAM..Tell ME YOUR DREAM..and your doing WHAT!! Yes YOUR CREDIT SCORE MATTERS!! - 06/28/08 12:15 AM
THE GREAT AMERICAN dream....Possible...hopeful...maybe.. ..
Why do we not have classes in High School to teach our Kids that the MOST IMPORTANT thing in life is your credit...
Some get it and most have no clue...
Your credit determines..... do you pay a deposit for something as simple as a … (4 comments)
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credit problems: Buying a Home with Past Credit Problems - 05/29/08 10:47 AM
Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating. The good news is that many lenders have adapted to the idea that many hopeful homeowners simply need a second chance, which means that past credit problems no longer … (1 comments)
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credit problems: A Reverse Mortgage Success Story - 05/28/08 12:26 AM
This is a recent reverse mortgage that my company closed for a broker:
Based on age, value and rate, the borrower was able to get a Reverse Mortgage which after servicing reserve and closing costs produced about $72,000 in available proceeds after paying off a first mortgage lien of about $25,000. In addition … (3 comments)
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credit problems: Not so perfect credit - 05/11/08 07:40 PM
There has been a lot on the news lately about the "credit crunch". It has had a huge impact on the mortgage industry and there doesn't seem to be an end in sight. However, don't prejudge your credit!
If you have less than perfect credit I may still have some loan … (6 comments)
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credit problems: Overcoming Obstacles with Determination - 04/16/08 02:05 PM
… (4 comments)
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credit problems: Score High and You Fail! The Low Score Wins? - 02/14/08 08:12 PM
Here we are in the 21st century of America and now we learn that there is a greater reward if you fail the test than if you scored high. I am referring to the FICO score test for the voluntary non-government sponsored Fast Track interest rate freeze.
Let me get this straight, … (21 comments)
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credit problems: The Pill For Your 'Market Depression'... - 11/20/07 05:55 PM
PROBLEM SOLUTION RESULT
Problem: To many depressed brokers not making the money they can in the down market....
Solution: HTDI Financial's Revolutionary Broker System http://convertturndowns.com/
Result: More deals closed where they had once never existed
Visit http://convertturndowns.com/ to get started... Our Revolutionary Broker System allows you to track client progress via online broker access, … (2 comments)
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credit problems: From Iraq to Fort Hood - Buying a Home with Less than Perfect Credit - 11/13/07 04:22 PM
With all the talk about the condition of the housing industry, the mortgage industry, and about the impossibility of buying a home with less than perfect credit, I'm going to blow you away with this great story about what a determined couple and their realtor and mortgage lender accomplished via fax, … (0 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:37 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (0 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:32 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (0 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:30 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (3 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:29 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (0 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:28 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (0 comments)
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credit problems: Raise Your Hand if You Have Bad Credit!!! - 11/12/07 01:27 PM
It is a know fact that 7-10 people have negative items on their credit...
Does that mean that you give them an earful of credit advice and your business card and send them along their way? I was at the NAMB West Convention last week, and to my surprise I found that … (0 comments)
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credit problems: save a buck, clean your own credit - 10/12/07 02:58 PM
There are companies in the market place who offer to "clean" an individuals credit for a "fee". These fees can be substantial amounts. These companies also give a timeline as to how long the process can take to clean a report (can be up to 180 days). With 6 months having passed … (2 comments)
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credit problems: Credit Problems and Options - 07/28/07 12:51 PM
Credit Problems? What can be done?
Do you have credit problems? Are you looking for help with repairing your credit? Do you want to know what your options are? Are you trying to buy a home with bad credit? Do you need 100% financing but your credit score is too low? If … (5 comments)
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credit problems: Why We Can't Afford Bad Credit - 07/24/07 06:04 PM
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Ever
wonder why you can't save up enough money? Ever wonder why you can't keep up
with the Jones'? Well, people never explain why the Jones' have so much? I'll
tell you! They have good … (2 comments)
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credit problems: Your Real Estate Bill of Rights - 07/09/07 11:39 AM
Dear Prospective Home Buyer,Your Real Estate Bill of RightsYou deserve attention to detail and specific solutions to your specific needsYou deserve access to the most accurate information regarding your status at any given momentYou deserve impeccable customer serviceYou deserve to be treated fairly and with respect at all timesYou deserve the … (4 comments)
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credit problems: Purchasing a Home and Your Credit - 07/09/07 10:32 AM
Purchasing a Home and Your CreditIn a nutshell, credit scoring is a statistical method of assessing the credit risk of a loan applicant that is used by most mortgage companies in helping to determine what loan program an applicant qualifies for. The score is a number that rates the likelihood an … (2 comments)
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credit problems: What is a credit score? - 06/27/07 02:49 PM
What is a credit score?
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credit problems: First Time Homebuyer Tips -- Getting Qualified & Knowing your Credit -- Part 2 of 4 - 06/11/07 09:49 AM
Shopping for a home, how and where to begin...... hhhhmmmm????Ask family or friends for someone trusted.If you are currently working with a realtor, they should know one or two trusted loan officer's in the mortgage industry. Online, the internet. Now, this can be dangerous at times. But how about reading blogs of … (17 comments)
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credit problems: REFINANCE BEFORE YOUR ARM ADJUSTS!! - 06/01/07 09:23 PM
Hello everyone,
My name is Amanda Bowser and I am a Mortgage Consultant with Equity Plus, Inc. in Wilmington, De. I work out of my home office in Smyrna, DE and have lived in Delaware all my life. I have been married 13 years and have 4 kids.
I wanted to bring … (0 comments)
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credit problems: GET A MORTGAGE - 05/27/07 08:59 AM
Hello everyone,
I come across a lot of people who think they can't qualify for a mortgage, so they just keep renting. I would like to tell all those people, give it a shot! A lot of my clients were pleasantly surprised to find they did qualify! There are so many mortgage … (0 comments)
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credit problems: MORTGAGE PRODUCT FOR 1ST TIME HOMEBUYERS, TRADE LINE ISSUES - 05/26/07 07:29 AM
Good morning everyone,
I wanted to write about a great program that we use a lot in our office. It's called Rural Housing. They give 102% financing, no minimum credit score, no tradeline requirements,no PMI!!!! There is income limits, but I personally think they are very high. If their score is over … (4 comments)
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credit problems: You have Foreclosure Questions...we have answers - 05/12/07 11:49 AM
… (2 comments)
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credit problems: Citi card Really does have a heart.... Really. - 05/05/07 04:37 PM
I've heard that Realtors aren't making as much money as we were. On top of that, I decided to change a successful New Home brokerage and added a Resale department with Realty World. Now, I suspect that many of us have found ourselves with less than perfect credit. And during these … (5 comments)
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credit problems: Silly, silly lender! - 02/12/07 09:48 AM
I, like many other real estate agents, have a preferred lender list. It's tough to get on it and not tough to get pitched off of it. I hold my lending partners to high standards because I hold myself to high standards as well.
Of course, about fourteen times a week, I … (10 comments)
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credit problems: Discover what has the biggest impact on your credit score! - 11/17/06 12:41 PM
Credit scoring has an enormous impact on your financial picture. It can mean the difference between getting a good interest rate on your mortgage loan, or whether you even qualify at all. It is therefore imperative to be well-versed on the factors that influence your credit score, and have the ability … (1 comments)
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credit problems: Credit Problems? Were you refused a mortgage from your bank? - 10/19/06 11:14 AM
It's not the end!
It doesn't feel good to be turned down but there is no need to be embarrassed or disheartened. Most consumers are not aware they can purchase or refinance a home even if they have had problems with credit in the past or present.
Don't let past problems hold … (0 comments)
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credit problems: AIG United Guaranty - Launch into the Canadian Marketplace - 10/18/06 10:47 AM
AIG UNITED GUARANTY CANADA UNVEILS PRODUCT LINE-UP
Mortgage Insurer Launches New Line of Mortgage Insurance Products
TORONTO – AIG United Guaranty1 Mortgage Insurance Company Canada, which provides mortgage guaranty insurance designed to increase home ownership, has introduced a product lineup that includes new Mortgage Insurance options as well as enhanced … (0 comments)
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