If you are getting ready to buy a home now is the time to check your Plano home loan options. At AMortgageAdvisor.com you can start checking your home loan options in a matter of a few short minutes. We
Starting a business and operating a business take a great deal of effort and energy. Most business owners struggle to succeed. Making it even harder is the home loan process for self-employed borrowers
Building a brand new home is a great experience for most buyers. Picking your own colors, options, home style and neighborhood are among some of the biggest benefits. Reduced utility, repair and maintenance
If you are seeking a mortgage, there are lenders like myself that offer loans for non-citizens. One loan to consider is the Foreign National Loan. These loans are meant for non-residences/citizens seeking a home loan in the United States. Also, this type of loan usually requires about 25% down or more depending on the documents you have available so be prepared for that. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!
Sr. Mortgage Banker
NMLS # 659743
FHA home loans and mortgages are a great solution for home buyers in Plano and other Texas areas. If you have damaged credit or unestablished credit FHA home loans are an excellent home mortgage choice.
If you have been recently looking for a home loan in Plano you may have experienced some challenges with the approval process. Having bad credit is a burden but it shouldn't keep you from owning a home.
It seems that your scores in your range should work. Lenders like myself can go as low as 580 when it comes to credit scores. Of course, your other finances will need to be in place as well including your income, debt, assets, employment, expenses, etc. The best thing for you to do is to speak with a knowledgeable lender like myself to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!
Sr. Mortgage Banker
NMLS # 659743
FHA allows lenders to go down to a 580 score, problem is that lenders can set their own credit score requirements. There are a few lenders that still lend to borrowers with low credit score. Check out The Lenders Network, they specialize in helping people who have low credit scores get approved. Good Luck!... more
I have the perfect credit repair company to refer you, please call me to discuss your real estate needs and I can refer you and get you started to improving your score and assist you in the buying process of your townhome.
Mario RIos, Realtor
Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for. The Mortgage Banker can review your credit and give you a clear estimate of where you stand on your credit today.
If your credit is less then outstanding here are some steps to help fix your credit:
First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.
Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.
I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.
Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE. http://www.consumer.ftc.gov/articles/0058-credit-repair-how-help-yourself
The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.
The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
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As I was watching TV last night, I noticed the number of Free Credit Report companies are popping up everywhere with their catchy jingles and false promises. Â So, I'm here to let you know the real deal
Who is a First Time Homebuyer? An individual not having owned a home in the last three years; or A displaced homemaker who previously owned a home with a spouse or lived in a home owned by the spouse.
What every home buyer should know:Â Pitfalls that could cause your mortgage application to be denied. Mortgage lenders are increasingly restrictive on their guidelines, due in part to legislation guidelines