This may come across as a little harsh, but I can't tell you how often we hear this when it comes to a client's credit score being 'low' when we are doing a credit report in the process of arranging a mortgage for them. Here is how it usually plays out; we do a credit check and there is a 'mystery' collection or an account that was written-off (rated R9) with a creditor; we ask what the reasoning was and get 'well I told them I was moving and … [Read more...]
Let’s Increase Your Cash Flow – Here’s How…
Looking to increase your monthly cash flow, pay off some higher interest bearing credit cards or lines of credit, and pay your mortgage off faster? I showed some clients how to do just that ... … [Read more...]
Top 10 Questions You Should Ask When Shopping for a Mortgage
In this ever changing economic environment, it is very important to be sure you are asking the right questions when shopping for a mortgage (whether it be for a purchase or a refinance): 10. Is the mortgage portable/assumable? - life changes, so the time may come when you need the flexibility to take your mortgage with you to a new property, or you may want to make your home more attractive to prospective buyers and offer to have them take … [Read more...]
