Debt Free Dave’s Blog

The more you know about youryour credit score, the better you will be able to get a mortgage.  It is important that you understand your credit as well as your credit scores.  There is more than one type of mortgage.  Your credit score will dictate what programs you will be eligible for.  Typically the higher your fico score is, the better interest rate you will get.

Different Types of Mortgage Programs For First Time Home Buyers.

    * How to increase your credit fico score
    * What factors impact your credit report score
    * How to recover from bankruptcy or foreclosure
    * Credit Repair
 

Most Consumers Want to Know the Following about Credit Scores

    * Locking the best mortgage interest rate
    * First Time Home Buyer Programs
    * Down Payment Assistance or DPA
    * HomePath Mortgage Program
    * FHA loans, great for first time home buyers and buyers with low credit scores

For more information about credit scores talk to your mortgage professional.

If you are not getting anywhere with your lender on doing a loan modification, you may want to try another strategy.  You should ask your lender to produce the note.  In most states for a lender to proceed with a foreclosure they must be able to produce the original mortgage documents.  Most can't so this will give you more time.

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What are the pros of a reverse mortgage?  A reverse mortgage can be your last stop if you need cash flow in your retirement years.  You must be at least 62 years of age and have equity in your home however.  A reverse mortgage can provide you reliable income for the rest of your lives.

Most people don't realize that you don't need an appraisal to do an fha streamline refinance.  The only qualification is that your mortgage be current and a 12 month mortgage history can be obtained.  You do not even need good credit or have to provide tax returns or bank statements to be approved. You can even be upside down and still refinance.

For More Information Call Toll Free 1-888-368-6668

Can You Refi An FHA Loan? Absolutely, in fact you do not even need to show income or employment to streamline or refinance an fha loan.  You do not even need an appraisal to do the fha refinance as well.  If you have an fha loan and are current and your rate is over 6.5% your should seriously consider doing an fha loan.  Call toll free 1-888-368-6668 for more information.

Here is a link to a sample letter to dispute a credit card charge or balance.  Do it the right way.  You do have rights under the fair debt collections practices act.

Sample credit card dispute letter

If you are getting hounded by creditors, you have options.  You can do a debt validation or send out a cease and desist letter.  Here is a sample debt letter that you can send out.  Remember that you do have rights under the fair debt collections practices act.