PAY RENT BUILD CREDIT TO HELP YOU GET A MORTGAGE

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Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

PAY RENT AND BUILD CREDIT TO HELP YOU GET A MORTGAGE

 

I don't know if anyone knows about this program but this can be good for your clients who have bad credit-( I have a whole lot of them ) or no credit at all-. If you've paid your rent and three monthly bills on time for the past 12 months, you could qualify for a mortgage with one of PRBC's featured lending partners.



If you've been told you have no credit score or "not enough credit" to apply for a home loan, a PRBC Report can help you qualify for a prime mortgage. Most of the bills you pay each month - including rent, utilities, cable, and phone bills - are not reported to the traditional credit bureaus, unless payments are late or missed.



PRBC provides a simple way to document your on-time payments. In the absence of negative credit from traditional bureaus, a PRBC Report could help you qualify for a mortgage today.

 

 

How Does it Work?


  1. Enroll with PRBC  - signing up is easy and takes under five minutes. ( I actually just did one myself )
  2. Enter your past bill payments. The more bills you've paid on time, the better your credit file will look to lenders.
  3. Order a verification. PRBC uses FCRA-certified specialists to ensure the accuracy of your bill payment history.


Once your verification is complete, call PRBC at (877) PRBC-123 (1-877-772-2123), and the customer care staff will personally put you in touch with a hand-selected lender to begin your mortgage process.

 

 

 

Looking for a Real Estate Professional that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC and PG County MD Houses for sale and Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com - "Where we will get it sold-your home that is". Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy a home in Northeast DC and PG County MD today" in zip codes 20019,20020,20011,20032,20774,20721  "DC REAL ESTATE GUCCI MAN"

 

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Tags:
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increase your credit score
exit real estate agent lanre folayan
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Rainer
65,319
Bruce Bourgault, Vice President, Mpro
Central Pacific Homeloans - Honolulu, HI
Lanre -- Please check with your favorite lender as they may not accept this as an alternative to a regular credit report.  Good Luck 
Jun 18, 2007 11:09 AM #1
Rainmaker
213,322
Shawn Gerhardson
Waterstone Mortgage NMLS#186434 - Cambridge, MN
Top Rated Mortgage Professional
Thanks for commenting on my Blog. This looks like it could be a good program what credit reporting agencies do they report to? There are programs out there that will allow 100% financing with no credit at all as long as you have alternative credit like utilities,gas,phone etc......
Jul 11, 2007 09:18 AM #2
Rainer
120,838
Ronald Gillis
Southwest Florida Notaries (Mortgage Notary Signing Agent) - Port Charlotte, FL
CNSA Southwest Florida. Notaries, Port Charlotte, 941-7-NOTARY

This seems like a great program, is it only in your area?

Signature 

Jul 30, 2008 12:59 AM #3
Rainmaker
808,022
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Ronald- No. I Believe it is nationwide. Thanks for your comments. And I got your e-mail too. I am going to change the background as soon as I can find something better than what I have now. Great post.

Aug 04, 2008 11:07 AM #4
Rainer
120,838
Ronald Gillis
Southwest Florida Notaries (Mortgage Notary Signing Agent) - Port Charlotte, FL
CNSA Southwest Florida. Notaries, Port Charlotte, 941-7-NOTARY

Have a great week!!  Thanks forth info, many can probably benefit with all the foreclosures ad people needing to 'rebuild' credit!!

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Aug 13, 2008 02:26 PM #5
Rainmaker
142,536
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Lanre,

Anything programs or ways that can improve credit scores is certainly worth exploring!

Diana

Jun 25, 2014 12:54 PM #6
Rainer
215,519
Marshall Enterprises
Marshall Enterprises - Saint Michael, MN
Antiques, Lawn Care, and Trashouts

Thanks for commenting on my post, Lanre.  Hope you are having a profitable weekend!

Jun 27, 2014 11:30 PM #7
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Rainmaker
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Lanre-"THE REAL ESTATE FARMER" Folayan

I don't make promises.I deliver results.SOLD HOMES
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