It is no secret that the loan application process can be time consuming and stressful. The last thing you need to deal with is an unexpected item with your credit report.  What most borrowers aren’t aware of is that the credit score you have at the beginning of the process may not be the same...Read More

When is the last time you looked at your credit report? If you are even remotely involved in the real estate business the answer should be within the last thirty days.  If you are not on top of your credit report you run the risk of having to deal with unexpected issues when you least...Read More

Poor credit greatly restricts how you run your real estate business. While you might not lean on credit to fund deals today you never know what the future holds. All it takes is one or two late accounts to knock your credit score down fifty points or so.  This may not seem like much but...Read More

It gets worse with a score of 620 or lower. You are stuck in the subprime mortgage market. That means your scores are not high enough to qualify for a mortgage that can be purchased by Fannie Mae or Freddie Mac, the government-sponsored corporations that buy mortgages and resell them on Wall Street.Read More

The FTC or Federal Trade Commission requires each of the credit Bureaus Experian, Equifax and TransUnion to give consumers one free credit report per year for a total of three free reports each year. But you have to ask for them. You can get your free reports by going online to www.annualcreditreport.com. Don't go directly...Read More