Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Credit Re-scoring: What is it and Why Should You Care?
 Working with a client, maybe a first time home buyer that was not able to get pre-approved?   One option for them may be a credit re-scoring.  This is just one of many reasons why I have relationships with local lenders who work with our client to get them approved.   Keep in mind, there are no "wrong answers" when getting pre-approved for a loan.  If the client can't get approved now, a good local lender can provide guidance of things the client can do (IE improve their FICO score), so that home ownership can be part of their future. 
Using credit simulation programs, lenders can predict what effect actions by clients/consumers will have on their credit score. The most common action is paying down or paying off revolving balances that are at or near their limit. The lender can then have the client/consumer pay down the account and provide a screen shot to the lender of the new balance. The lender can then order a rapid re-score through one or more of the credit repositories.
 
This is most commonly done for clients/consumers (first-time buyers, for example) who are below the minimum threshold for credit scores to be mortgage eligible in an ... more

__________________________________________________
Are you on The Rain? Grow Your Network!