Alan Mills posted a blog where he helped someone raise their credit score quickly and for only $35. That begs the questions....How many agents and lenders really take the time to educate and help their clients even if it means waiting a while to buy a home. As agents we need to do our part to make sure "The Team" (lender, inspector, insurer, Title, Escrow, etc.) is doing all they can.
- Was a client given a subprime loan with pre-payment penalties and high rates over just a few fico points?
- Was a client educated that waiting just a while longer, or doing as Alan suggested and paying a small fee to correct the score offered?
- Is there any government bond money out there that may help?
- Would the client get a better deal on PMI if they attended classes?
- For those really hard ones.....Did you write them off completely? Or did you offer credit couseling?
- Do you just sell them a house and walk away? or are you in it for the long haul?
As team members, we need to look at the WHOLE picture. Are we doing all we can, is everyone on our team doing all they can?
Comments(10)