Financing in 24740 : Advice

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Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
I am having a rescore done, LO asked me to pay my balance down on a credit card to an exact amount, said it should go up 27 points.how accurate is it?
The loan officer is most likely using a credit simulator to estimate the effect of the payment. There is no guarantee that your score will go up 27 points and they should tell you this. ... more
0 votes Share Flag Tue Jul 23, 2013 Financing in 24740
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
I just sold another house, paid off alot of debts, credit score isnt so great, my wifes is better. I have a great job that pays well, can I qualify
Jason is correct. Lenders typically can incur this cost up front themselves and charge you upon closing. The fee will appear on your closing settlement/HUD starment as a third party ... more
0 votes Share Flag Wed Jun 1, 2011 Financing in 24740
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