How can I view my credit report? An important key point a loan consultant considers when helping you decide which lender/program is best for you is to view your credit. For most mortgage companies, you will need a 3 RMCR (Residential Mortgage Credit Report). This report generally costs $60-$70 depending on the lender you choose. The purpose of this report is to pull your credit history from each of the three major credit-reporting agencies–Equifax, Experian, and Trans Union. The mortgage company does not make any money on this transaction. Your lender is required to use outside companies to acquire your credit report, as they are impartial to the findings on your credit report. Your account balances and account history on your report are verified. You will be provided with a “credit score”. If you have a credit score of 620+, you most likely will have more options to consider with your loan.Many lenders will use a one-bureau credit report for the initial consultation regarding your loan interest. The one bureau credit report generally costs the lender $7-$15. The lender will absorb this expense in attempt to gain your business with their mortgage company. This report pulls your credit from one of the three major credit bureaus to give the lender a “snap-shot” look at your credit history. We highly recommend that you view your credit report before you chat with a loan officer to ensure the validity of the information they present to you. Need A Credit Report? Get the information you need on one report. Start Here! Sign-Up now for FREE! Credit Report Summaries, Credit Score Comparisons. Get your 100% free credit score instantly, securely, and safely. Completely free.
Credit Karma™ Believes All Consumers Should Have Access to Free Credit Scores. A credit score is one of the most important components of a consumer’s financial profile. At Credit Karma™, we believe free access to one’s credit score and report is a fundamental consumer right. That is why our site allows consumers to access their credit score anytime they want for free without the sneaky “free” trials or subscription requirements. In addition to free credit scores, Credit Karma™ has a wealth of tools and content to help consumers better understand how credit scores and credit reports work.
Credit Karma™ is a completely free pro-consumer service dedicated to demystifying the credit landscape. With our credit simulators, free credit scores, credit advice, and credit score comparisons, our goal is to empower consumers to more actively manage their credit and their financial health.
How Credit Karma™ Works
Credit Karma™ is always free and will never charge for access to credit scores or its interactive tools. Credit Karma™ works by selling advertising on the site and using those advertising revenues to pay for the credit score costs. Rest assured, Credit Karma™ NEVER sells or shares your private information as part of our strong belief in consumer advocacy. View what others are saying about us in the press.
Richard Simpson, Region Manager, 1st Advantage Mortgage,
Desk: 770-623-6341
Office: 11285 Elkins Road, J-8, Roswell, GA 30076
e-Mail: rsimpson@1stam.com
Web site: http://www.1stam.instantlender.com/
My Blog: http://atlantahomesaleshelp.blogspot.com
Active Rain Blog: http://32bbc51.activerain.com
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