The short answer is yes, but we really need to see why the score is at that level. If the loan can get an automted approval through fannie mae's desktop underwriting, you can approve that buyer. Let me know if I can help.
Joseph S. Cordova NMLS# 146855
Evesham Mortgage, LLC
22 South Maple Avenue
Marlton, NJ 08053
office: (856) 985-9944 ext. 103
direct fax: (206) 333-0946
cell: (856) 304-2381
Allied Credit Solutions can help repair your credit if you cannot get qualified for a loan. We offer a "true 100% money back guarantee, and our program is a MAXIMUM of 180 days. We are registered and bonded with the state and use Federal Law and your consumer rights to help you. Once we get a negative item off of your credit, it will be off permanently. We don't send out dispute letters like credit repair companies, we investigate the validity of the debt with the creditors, collection agencies, banks, etc..........Call me for a free - no obligation consultation. Our website address is http://www.alliedcreditsolutions.com
National Account Manager
Allied Credit Solutions
800 901-8122 ext 206
I would contact Bank of America and ask them to report the account. Then I would suggest you contact a local mortgage banker. They may have some ideas how to get this counted. The banker can tell you where you stand right now considering ALL aspects of your current situation, and what, if anything, you need to improve your situation so that you will be able to buy a home as soon as possible. There is a good chance they will even be able to tell you what to do with this secured credit card. By the way, I am not suggesting you contact a big bank, but a small local lender who specializes in writing mortgages. If you don't know one, contact a realtor and ask to be referred.... more
Hello Mijraneb, You should have your realtor research recent homes sale on distressed homes and compare them to recent home sales that are in normal condition.
Do you have a realtor thats helping youYou?
All the best John Curci RE/MAX 215-757-2889... more
One that you will love and care for for many years. Banks will be lowering requirements for home loan qualifications in the near future, save some money and get ready to start house hunting with your favorite local Realtor.
Hi there - just posted but my answer didn't seem to take - so I'll try again, excuse if a duplicate.
It sounds to me as though you have established a good payment record with your current landlord, that will go along way. Be prepared to provide an explanation if your credit score is suboptimal, and provide verification of consistent and timely payment to current landlord. Add to that employment verification and some recommendations and you should be off to a good start.
Good luck to you,
Unwavering Commitment to Service, Unsurpassed Results... more
Most lenders have references for credit repair or can work with you on this. There are also places (not for profits) with good reputation. I'd start with your lender and review your credit report. Sometimes an atty can be helpful with disputes too... more
I think they look for negatoves such as bounced checks, closed account leaving balances or negatove balance accounts. You can always ask a personal banker at any of teh major banks what their criteria is for opening an account for their bank. BOA is more liberal than any other bank.... more
If you need help with your credit report (and/or credit repair), please let me know and I'll refer you to a contact of mine.
Best of luck!
Timothy M. Garrity | Brown McKinney Real Estate, Co.
Real Estate Professional & Consultant
email@example.com Email| www.brownmckinney.com/tim Website
215-825-2250 x 1007 Office | 267-879-2716 Mobile | 267-519-5490 Fax... more
Pay for delete agreement is normally made with the original creditor or the collection agency to remove an outstanding debt listing from your credit report.
If the name of the collection agency or the creditor gets listed in your credit report with a particular debt, you should first ask for debt validation by sending a Debt Validation letter to the creditor. Once your debt gets validated by the creditor, you need to send a Pay for delete letter... more