Tag Archives: bad credit mortgage

Mortgage Lenders Detect Undisclosed Debt

Mortgage Lenders Detect Undisclosed Debt Incurred during the “Quiet Period” How do mortgage lenders detect undisclosed debt assumed during what is called the “Quiet Period?”  For those new to the mortgage lending game the phrase “quiet period” refers to the time frame elapsing between the original pulling of the credit reports and the actual closing. 

Late Mortgage Payments Hit FICO Hard

Late Mortgage Payments Hit FICO Hard You know that late mortgage payments do serious damage to your credit score, but you probably don’t know just how much.   Of course late payments on credit cards and auto loans do serious damage to your FICO score as well.  That is another subject for another Essay.  For

Prepare First for that Rock Bottom Mortgage Rate

Prepare First for that Rock Bottom Mortgage Rate When you’re ready to take advantage of today’s rock bottom mortgage rates keep these pointers in mind: Failing to Prepare is Preparing to Fail Have proof of at least 2 years income in the form of pay stubs and W2s.  Have more than 2 years worth of

Equifax-Experian-TransUnion: Compare major credit bureaus

Equifax-Experian-TransUnion: Compare Major Credit Bureaus If you are nervous about examining your credit reports you are not alone.  Many people shy away from actually pulling credit reports and looking for fear of what they will find.  This is just as irrational as not going to the doctor or getting a medical test because if you

I won my credit dispute, but the damage has been done!

 I Won My Credit Dispute Damage is Done Unfortunately the presence of negative information on their credit report becomes known to many people only after it has hurt them.  This is why I urge being pro-active about keeping your credit reports clean by finding problems ahead of time. Credit dispute damage is preventable.  Get your