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Credit Score in Pennsylvania : Real Estate Advice

  • All539
  • Local Info16
  • Home Buying308
  • Home Selling58
  • Market Conditions8

Activity 100
Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
The best thing you can do is be honest with your landlord and if they understand your financial burdens in the past and see improvement they still may be willing to rent to you. It really depends on the landlord though. They do not have to rent to you. ... more
0 votes 25 answers Share Flag
Mon Oct 9, 2017
Jenifer Kynor, TurboTenant answered:
Fri Oct 6, 2017
Seanv1223 answered:
My realtor had me use select us llc. They got me from the 500s to a 660 in a couple months and I was able to buy my house.
4 votes 11 answers Share Flag
Tue Sep 12, 2017
connoranne answered:
my husband and i had went through a company called Select Us LLC i personally have never heard of credit pros. my sister in law had told my husband and i about select us they helped me with settling a judgment and got alot of the collections accounts removed. but most importantly they did it in a timely matter so that i could be in my home in less then 6 months!! i couldnt br happier ... more
3 votes 2 answers Share Flag
Tue Sep 5, 2017
Jessica Bateman answered:
FHA requires at least a 580 credit score with 3.5% down. But finding lenders that go below 620 is tough. A company many of my clients have used is The Lenders Network, they refer people with credit issues to lenders that can help. And they have a great credit repair guide for free.

Good Luck!
... more
1 vote 7 answers Share Flag
Sun Aug 27, 2017
Karen Peyton answered:
No one can speculate without seeing your credit report so I suggest contacting a mortgage lender who "may" be able to help. There are five criteria that make up your FICO score: length of credit history, amounts owed, payment history, credit mix, and new credit.
Whether or not they can give you a projection, you will want to learn from them what you can do to increase your score. And yes, they can most often tell you.
... more
0 votes 1 answer Share Flag
Mon Jul 10, 2017
Alysashea asked:
Was looking into a USDA loan and was curious about the income and credit score requirements. My boyfriend and I make about 50k a year with our incomes combined, by myself only 25k. I was…
0 votes 0 Answers Share Flag
Thu Jun 22, 2017
Michael Johnson answered:
Depending on your situation. The guys who helped me with my credit were able to introduce me to a couple different mortgage people with different programs. I would ask Select Us who they recommend. Their site is selectusllc.com ... more
1 vote 1 answer Share Flag
Fri May 26, 2017
answered:
I would be more than happy to send you a free DIY credit repair book... The thing with credit repair is a numbers game, I know I do it for a living. Scores can be tweaked to maximize the FICO scoring modules. You definitely want to make sure you have open and revolving credit that is positive. Unfortunately with low scores you will need to apply for 2-3 secured credit cards. Here is a link to apply for them, or speak to your bank and make sure it is a revolving tradeline and not a secured loan. Loans do not help scores as much as revolving credit. You also do not want to use more than 22% of the credit line, this percentage is called your Utilization Rate (UR), keep your UR at 22% or less, people thought 30% was where to be and those with 750+ credit scores keep their debts at 22% or less...
Next you want to begin settling off your potentially negative debt. There is no quick fix to credit, it can be done in as little as 60 days that is if you are able to settle off all of your debts in that time period, apply for new credit, and work on removing any settled collections off of your credit report. http://www.credithelp.biz/home.html
... more
0 votes 5 answers Share Flag
Sun Apr 9, 2017
Jessica Bateman answered:
Lender swill use the credit score of the borrower with the lowest credit score. So you will need to improve it by 4 points, which is not all that hard. Pay down your credit card balances and that should do it.

If you can get an FHA loan you only need a 580 credit score to qualify with 3.5% down.
... more
0 votes 2 answers Share Flag
Sun Feb 5, 2017
Dimalena10 asked:
I have a credit score of 634. My fiance and I want to buy a home together, and have found a ready to move house for $25,000. Basically, my fiance has the income and I have the credit. We…
0 votes 0 Answers Share Flag
Fri Jan 13, 2017
Frankieg8 asked:
Sun Jan 8, 2017
answered:
If you are buying here in CA then you may consider 5% down Jumbo with a minimum 720 fico score from 417k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20%+ down to purchase over 2.5 million.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 2 answers Share Flag
Thu Nov 17, 2016
Paul answered:
There are lots of important steps you can take on own to insure you are fully educated on financial aspects of ALL REAL COSTS of Homeownership that will enable you to make a smart investment section about a particular house or condo. Use InBedrock.com to learn about analyzing house purchase price, closing costs, Appraisal, Attorney Fees, mortgage financing/points,
+ Bank Approval Process(how much can I afford with X $ amount as downpayment), RE Taxes + Title Costs, Transfer Taxes, RE Broker commissions, etc. As this will probably be your biggest $ investment in lifetime, good idea to be as informed as possible. InBedrock.com is easy to use/understand, educational and in-depth.
... more
0 votes 1 answer Share Flag
Thu Nov 3, 2016
Debbie DeFranks asked:
Can you list the name of Restoration company to help with the bankruptcy problem?
0 votes 0 Answers Share Flag
Tue Sep 20, 2016
answered:
Hi Demont Reese,

I can do FHA & VA loans down to a 580 mid score.
Do you know what your mid score is?

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
Apply Online: https://secure.smartapp1003.com/102471/?loanofficerid=106115
(877)228-9069
NMLS# 787231
http://www.trulia.com/mortgage-lender-profile/MTG%20Banker/#reviews
... more
0 votes 1 answer Share Flag
Thu Aug 4, 2016
Lynne asked:
My husband and my self did a short sale June 2015. We currently rent . We have combined less than 5,000. in debt / charge off's etc. We have been paying that off. With our score's…
0 votes 0 Answers Share Flag
Tue Aug 2, 2016
Markzjordanz answered:
No credit check, 1 percent interest 30 year fixed, 4.5 proof of funds in which u can use vet status or 401k, the property has to be appraised at 350 k and up. 30 day close, 8037576801
0 votes 1 answer Share Flag
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