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Credit Score in Collin County : Real Estate Advice

  • All25
  • Local Info1
  • Home Buying9
  • Home Selling3
  • Market Conditions0

Activity 7
Susie Kay, Real Estate Pro in Dallas, TX
Tue Jan 10, 2017
Susie Kay answered:
Since you already proceeded with the closing then I guess the case is closed.
0 votes 2 answers Share Flag
Lourdes, Other/Just Looking in Austin, TX
Sat Aug 6, 2016
Lourdes asked:
be honest and transparent with all my questions and step to get a house in order.
0 votes 0 Answers Share Flag
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Fri May 16, 2014
Brian Nguyen answered:
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!

Brian Nguyen
Sr. Mortgage Banker
NMLS # 659743
Phone: 949.667.2887
brian.nguyen@nafinc.com
... more
0 votes 5 answers Share Flag
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Thu May 8, 2014
Brian Nguyen answered:
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!

Brian Nguyen
Sr. Mortgage Banker
NMLS # 659743
Phone: 949.667.2887
brian.nguyen@nafinc.com
... more
0 votes 25 answers Share Flag
Mario Rios, Real Estate Pro in Plano, TX
Mon Jul 15, 2013
Mario Rios answered:
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.

Thanks,
Mario RIos, Realtor
Global Realty
214-202-8415
... more
1 vote 21 answers Share Flag
Trevor Curran, Real Estate Pro in Great Neck, NY
Tue Apr 23, 2013
Trevor Curran answered:
Good morning Anja,

First step:

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.
http://www.consumer-action.org/

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.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
0 votes 18 answers Share Flag
Vicky Chrisn…, Real Estate Pro in Purcellvile, VA
Sat Oct 10, 2009
Vicky Chrisner answered:
Different answers for different credit bureaus! Check out the mini series on my blog about credit scores.
0 votes 5 answers Share Flag
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