An easier way of turning your prospects into customers!

Mortgage and Lending with First Federal Mortgage

In todays market it is getting harder and harder to qualify customers.  Due to the rescession that we are heading into prospective clients are having trouble with keeping there credit scores top notch.  I have found through the "Rapid Re-scoring" program available through CIC Credit that we now have an advantage over this.  I have had customers that were under the 580 minimum credit score for qualifying for a loan and I need someway of improving their scores.  I called Vicky at CIC Credit Bureau and she was more than knowledgable in helping me.  She is a God send in this business.  She has taken a prospect from a 500 credit score to a 689, thus turning him into a customer.  With a little help from your client, it usually only takes 48 hours for her to make the necessary changes to your their credit bureau to where you can see the improvement.

  There are several programs that CIC offers to help raise scores.  They also have a "Score Simulator" that can show you what the possible score will be after the prospects pays down certain debts on there bureau.  I have found that leaving a balance of $100. usually gives the client the maximum amount of points that they can accummulate to improve their scores "vs" paying the debt all the way off usually lowers their scores more.  Although each client is different due to their circumstances, I know that in most of my cases Vicky can help me improve scores to some degree making it where I can approve more applications.

I strongly recommend you trying CIC Credit Bureau out, expecially with the up comming changes in the scoring model, I am sure we will all need these services if we are to remain at the top of our business.

You can access Vicky here on Activerain at  if you have any questions or need help with a future prospect.  It is all about your clients best intrest in this business!


I hope this helps you all!


Comments (4)

Richmond Virginia
Richmond, VA

Credit sure is one of the factors to get someone in a home.  Thanks for the insightful post.  Some sound advice given where we are today.

Aug 20, 2008 04:24 AM
Heather the Realtor Orlando, Lake Mary
LemonTree Realty - Orlando, FL
First Time Home Buyers, Bank Owned Homes

Peggy thanks for blogging about this. I am going to head over to Vicky right now and see how this can help me. I do think this is a must have in todays business.


Aug 20, 2008 05:09 AM
Jeff Polonsky and EasyWayToShop.Com - Mill Creek, WA

Great post. Thanks for the info. I use rapid re-score often as well with CIS but I think I may try using the credit company you suggested. Thanks

Aug 23, 2008 10:45 AM
Brenda Tressler
Crye-Leike Realtors - Clarksville, TN

I just wanted to stop by to say Hi since you subscribe to my posts and found this great post and such good information. I too work with customers and it is very surprising that with just a little help you can turn them into customers. Thanks for sharing! Have a safe & happy week-end Brenda :)

Aug 30, 2008 06:35 AM