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Credit Score in Florida : Real Estate Advice

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  • Home Buying1K
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Activity 55
Thu Feb 16, 2017
Joe Roman answered:
Hello Miz Repped;

I cannot give you an exact time frame as to how long it would take to increase your credit score, but I do know that a mortgage broker can run your score free of charge provided you eventually work with that broker. The score include all three bureaus which will indicate what steps you'll need to take in order to raise your score to 680 asap. You can also to and pay a fee and run your score yourself and determine what you need to do. That choice is yours! If you need to be in contact with a good mortgage broker that can help you get a home through various low down payment programs, call me @ 954-557-3416 and I'll be glad to give you his contact info.

Joe Roman
ERA Herman Group Real Estate
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0 votes 61 answers Share Flag
Sun Mar 29, 2015
Liane Jamason answered:
You should speak with a lender. Good credit is great but you also have to find out what your debt to income ratio is before you'll know what you can qualify for. Also if short sale was more than two years ago, you may be okay there. Let me know if you need a referral to a great lender.

Liane Jamason, REALTOR
Smith & Associates Real Estate
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0 votes 6 answers Share Flag
Wed Jan 9, 2013
Alison Hillman answered:
Hi there,

I would recommend working with an agent, take a look at our directory list. I hope this helps!

Ali, Community Manager ... more
0 votes 1 answer Share Flag
Sun Apr 28, 2013
Julie Rosenthal answered:
Hi it could be possible please see for free informations and to see all listings
0 votes 5 answers Share Flag
Mon Nov 26, 2012
Dave Petkovich answered:
Generally, the landlord or leasing agent will do the credit report...however its always a good idea to check with the credit reporting agencies to be current on your score, so you will know what to expect. If your score not so good, be forthright about it when you turn in your rental application...sometimes they can work around such issues. ... more
0 votes 2 answers Share Flag
Wed Nov 7, 2012
Andrew Wilkinson answered:
Hi there AM,

Congratulations on your fresh start. It sounds like things are going well.

If you're just interested in building your credit, I'd recommend that you reach out to your bank, Wells Fargo. I'm a Wells Fargo customer too, and they have Financial Advisers on hand who can help you identify ways to grow your credit score.

The nearest one to downtown Coconut Creek, FL would be on 4901 Coconut Creek Parkway. I recommend that you call ahead and ask for a free appointment with a financial advisor: (954) 786-7024

Good luck AM!

Community Manager
Trulia Voices
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0 votes 1 answer Share Flag
Thu Nov 1, 2012
James McCloskey answered:
Dear Miami Beach:

According to " the score ignores mortgage...inquiries made in the 30 days prior to scoring. So, if you find a loan within 30 days, the inquiries won't affect your score while you're rate shopping... {However,] [f]or FICO scores calculated from older versions of the scoring formula, this shopping period is any 14 day span. For FICO scores calculated from the newest versions of the scoring formula, this shopping period is any 45 day span. Each lender chooses which version of the FICO scoring formula it wants the credit reporting agency to use to calculate your FICO score."

Personally, I obtain my credit from all three bureaus when rate shopping. I advise the lender of my credit scores, debt and income. I then ask for a copy of the good faith estimate so I am comparing apples to apples.

Although this approach does not lead to a pre-approval letter, it allows you to rate shop without lowering your credit score due to multiple inquiries.

If you would like a mortgage broker recommendation, please call me.


James McCloskey LLC Realtor
Beachfront Realty Inc.
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0 votes 1 answer Share Flag
Sun Sep 8, 2013
Terry McCarley answered:
This is a question you should address with an attorney. Real estate agents are not qualified to give legal advice.
0 votes 4 answers Share Flag
Wed May 13, 2015
Kelly Ward answered:
Hi Thomas,

From what I read, it sounds like you need to work on raising your credit scores first.

Allied Credit Solutions is a Credit Service Organization and we help restore credit, as well as, educate our clients to help them achieve their dream of becoming a homeowner.
Credit Restoration is 100% legal (see FCRA regulations below).

Program Highlights
• 180 days or less (with first set of results in approx. 45 days)
• We investigate directly with your creditors, collection companies, and all applicable court offices (if necessary) (no disputes with credit bureaus)
• 100% money back guarantee (No Results – No Charge)
• We investigate Public Records
• 60% to 85% overall average of permanent success rate!!
• Licensed, Bonded, and Registered with the State

Call or email me for a free consultation

Kelly W.
National Account Manager
Allied Credit Solutions
800 901-8122 ext 211


The Fair Credit Reporting Act states:
Consumer reporting companies must investigate the items you question within 30 days. They also must forward all the relevant data you provide about the inaccuracy to the organization that provided the information. After the information provider receives notice of a dispute from the consumer reporting company, it is required to investigate, review the relevant information, and report the results back to the consumer reporting company. If this investigation reveals that the disputed information is inaccurate, the information provider has to notify the nationwide consumer reporting companies so they can correct it in your file.

When the investigation is complete, the consumer reporting company must give you the results in writing, too, and a free copy of your report if the dispute results in a change. If an item is changed or deleted, the consumer reporting company is not permitted to put the disputed information back in your file unless the information provider verifies that it is accurate and complete.
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0 votes 10 answers Share Flag
Thu Sep 27, 2012
Stephen McRory answered:
Pay your bills and pay on time.

0 votes 6 answers Share Flag
Wed Mar 25, 2015
Tina Lam answered:
It's definitely possible if you have enough cash. In this part of the market cycle, you should have all cash available to be competitive.
0 votes 6 answers Share Flag
Sun Jul 8, 2012
Ruby Hernandez answered:
The first thing the you guys need to work on is your bullet together, and how much can you guys put in a month. Try to include the water, light ($80 more our less), cable, and Internet. Let's say you guys are going to pay $875 for rent, plus $75 cable$intern, plus $80 FPL = 1030 so both of you guys to pay at less half of the if anything more just in case an emergency happen.

Good luck,
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0 votes 1 answer Share Flag
Mon Aug 6, 2012
Steve Shalaby answered:
Hi, after 17 years of lending, I can tell you that it definitely does hurt your credit score. No one can tell you exactly how many points you'll lose for the additional inquiry because this is a closely guarded trade secret of the credit bureaus. All I can tell you is that it'll likely be a few points. It's ok to shop maybe two lenders, but in my opinion any more than that and you'll risk not getting the loan approved. Remember, FHA loans require a minimum FICO score now of 640. So if you're already close to that, you'd better be careful.

If you'd like to give me a call, I'd be happy to help you. We are located right here in Boynton Beach on Federal Highway, just a block north of Woolbright. Our rates are the lowest possible, plus we can help you get some cash towards your closing costs to help save you some money. Call me for details and I'll be happy to meet with you either in person or right over the phone!
My number is: (561)364-LOAN (5626) and my email address is:

Looking forward to hearing from you!

Steve Shalaby
Streamline Financial Group, Inc.
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0 votes 7 answers Share Flag
Sun Mar 29, 2015
Lance Sheridan answered:
contact her and she will be glad to help you out. I have seen her do loans with a lower score.

Elysia Stobbe
Branch Manager
VanDyk Mortgage
Ph. 888-574-7770
Fax 888-844-1712
841 Prudential Drive, 12th Floor, Jacksonville, FL 32207
Thank you for your loyalty.
Check us out on the web:
Click here to APPLY NOW for the best mortgage
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0 votes 8 answers Share Flag
Wed Mar 25, 2015
Antonio Vega-Pacheco answered:
Normally it goes like this:

850 - 780 excellent
780-750 great
750-720 good
680-720 ok
650-680 needs help
below 650 - need to work with a credit repair agency or read a few books about credit repair.

However credit is not the only factor when renting, so don't be discouraged. Things like credit can be overcome by offering to place 2 months of deposit and looking for a for rent by owner instead of an apartment complex.

Tony Vega
Chalres Rutenberg Realty
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0 votes 3 answers Share Flag
Sat May 19, 2012
Mark LeMenager answered:
Hi Sabrina,

Your best option is to continue to rent, save money for a down payment, and get your credit score in order. There is no magic solution, although I'm sure there will be a lot of people who try and sell you one.

Good luck, Mark
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0 votes 1 answer Share Flag
Wed Mar 25, 2015
Bill Eckler answered:
Going FHA may be a good place to begin but our recommendation is to begin the process sooner than later. Here's why......sometimes loan representatives can make recommendations that if given time to implement, can make a big difference in whether or not you are approved. Waiting until the 11th hour will only complicate this matter.

Begin the process now.....

Good luck,

... more
0 votes 4 answers Share Flag
Tue Jun 18, 2013
Lance Sheridan answered:
The highest FiCO score is 850.
0 votes 6 answers Share Flag
Tue Jul 14, 2015
Brian Miller answered:
It is not always just the score, but with a 613 you should be able to get a loan. Give me a call and I can set you up with some great lender references who can help you through the process.

Brian J Miller
Keller Williams South Tampa
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0 votes 28 answers Share Flag
Wed Mar 25, 2015
Antonio Vega-Pacheco answered:
Actually the question is constructed incorrectly. Score will not give you the amount, free available income will.
So the question is: How much available income do i need to have left after monthly expences to qualify for a 175K loan?, and then a second question: At what interest rate will my loan be if my credit score is____?

Loans are now available for CScores as low as 580 if you have the available income and not mind paying slighly higher rates...which are still really low this year.

You need to consult a local lender and ask those 2 questions.

Was this answer helpful? If so please click on the "thumbs up" below.

Tony Vega
Charles Rutenberg Realty
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