Their toll-free number for more information is 866-840-6327
Bring a credit report and I will look it over for you and tell you what needs attention, and most importantly, what to leave alone.
If you will be working on your credit, you need to 'opt-out' with the credit bureaus. => Collection agencies monitor credit changes.
Yes, you need to have someone take a look at your credit so you know where you stand. You may go to my website at http://www.thedeberryteam.com and you can actually put in an application to check on your credit with one of our vendors. If you have any additional quesitons, please don't hesistate to contact me.
Thanks for your question. I can refer you to Indu Kapur at Metrocities Mortgage. She is an expert at telling people what they need to do exactly to attain their goals. You can reach her at: firstname.lastname@example.org. Please let me know if I can help you further.
The Hayley Group
If you plan to buy in a year or two, it is very wise to examine your credit report now. You may obtain copies of your report for free (without scores) from all 3 bureaus through the Federal Trade Commission's web site at http://www.annualcreditreport.com
It would be better, in my opinion, to have a lender order and review your credit report. Some lenders (and most mortgage brokers) will advise you on specific steps you can take to improve your credit profile. Most banks and large lenders will not spend the time with you to advise on ways to improve your credit. Despite the claims of numerous "credit repair" companies, most negative items cannot be removed.
Rules of thumb:
Open collections should be paid off as soon as you can. Many collection agencies will accept steep discounts on pay off. Paying off an open collection will reduce your score in the short term, but paying off collections will usually be required by underwriting anyway. It's best to tackle these well in advance (one to three years at minimum) of qualifying for a mortgage. Old paid off collections are less damaging than old open collections or newly paid off collections.
You should have 2-3 current, active tradelines to offset any old ( closed for 2 years or more) negative tradelines. Over time, positive tradelines (no late payments; credit card balances never exceeding 80% of limit) can offset old paid off collections.
With an FHA insured loan (a popular option for first time buyers), credit scores are irrelevant. Recent collections and/or late payments (within the last 12-24 months) can be a basis for denial, so if you have a year or two of lead time before buying, there is a good chance to offset old negative items with 12-24 months of on time payments.
You can learn more about credit reporting and scoring here: http://www.MyFICO.com
You will not find a better deal on this type of thing, nor will you find a more vested interest. The reason they are able to repair your credit for such a low fee (compared to $500-2000 with other copanies), is because they are "banking" on you closing a loan with them. To me, this is a win win because you know they will work very hard to get your credit where it needs to be. With other companies who just fix your credit....they already have their money, so what's the motivation.
Visit the site, then give Steve a call. Make sure and tell him I sent you. This will be the best first step you can take. Good luck!