104 views
Ginger Chmelewski
"Mortgage Consultant at Equity Source Home Loans, LLC"
- 2 Helpful Answers
- 9 Answers
Locations:
Web sites:
Profile Link:
Certifications
& Awards:
& Awards:
North Carolina Loan Officer License
Interests:
I spend my personal time reading, cooking and a lot of my activities are about
... show more
About:
I worked in the accounting finance industry for over 15 years. I took a break and had 3 wonderful children. I decided to study mortgages and become a
... show more
Ginger Chmelewski answered:
Hi Peyton,
Wendy is correct. Most lenders are requiring a 620 minimum score in order to qualify. There might be a handful that will go down to perhaps 580. The guidelines have definitely become more stringent. Your first step is working with a loan officer to go over your credit report with you and determine what you can work on in order to get your score up. Then they can also be exploring what your options are for financing. It's really hard to speak unless truly looking at your credit report so general information/advice is all we can give here. Then hope that they will extend this program for first time home buyers.
Have a great day
Ginger
Wendy is correct. Most lenders are requiring a 620 minimum score in order to qualify. There might be a handful that will go down to perhaps 580. The guidelines have definitely become more stringent. Your first step is working with a loan officer to go over your credit report with you and determine what you can work on in order to get your score up. Then they can also be exploring what your options are for financing. It's really hard to speak unless truly looking at your credit report so general information/advice is all we can give here. Then hope that they will extend this program for first time home buyers.
Have a great day
Ginger
|
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
|
|
|
Founding members are a small number of participants who submitted content at launch of Trulia Voices to kick off community discussions.
|
|
|
Your question:
Max. 200 characters
Name:
Email:
|
|
Share profile
Contact Ginger Chmelewski
Ginger Chmelewski is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Report this profile
Become a Trulia Voices VIP!
Here’s how:
-
Contribute Often
It only takes 5 contributions per week to become a VIP! -
Strive for Quality
An answer earns you 4 points, but a Best Answer earns you 20 more. You know what to do! -
Share your Content
Blog views and comments earn you points as well. Find out how to make your posts popular on Trulia and take action!
Learn more about the Trulia Voices VIP Program.
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback