First Time Home Buyer Tips, Best Mortgage Rates
Credit doesn’t have to be confusing. We’ve worked with thousands of North Carolina homebuyers who had questions about collections, charge-offs, late payments, and how long to wait after a bankruptcy or foreclosure. This section is full of helpful articles that answer those questions in plain language. We explain how lenders look at credit scores, what credit bureaus track, and how mortgage credit reports are different from the ones you see online. You'll also find tips on building credit from scratch, using rent or utility payments to improve your score, and how authorized user accounts may help. If you’re planning to buy a house in the next 3 to 12 months, now is the time to get your credit mortgage-ready. Whether your score is already in good shape or needs a little work, we’ll walk you through the process with practical steps that make sense. Better credit = better loan options!
If you are considering a mortgage in NC, then you probably need to know more about Mortgage Credit Scores, and the minimum credit scores needed to qualify for a mortgage in NC. We counsel folks about …
Continue Reading about Does The Balance On Your Account Matter? →
Are you considering a Home Purchase??? Many of us realize that credit scores are the Holy Grail—the one thing you do not want to screw up… and if you have, it’s the one thing you want to figure out …
Continue Reading about What’s In Your Wallet (it makes a Difference)? Part 1 →
I've written a couple dozen times about minimum credit scores for mortgages and how to increase your score - but I don't think I've mentioned (here anyway) what the goal is. If you want to buy a car …
Continue Reading about Minimum Credit Scores for Mortgages in 2012 →
If your trying to decide what to do with all that cash Washington is sending you in the next few weeks... you might also be looking at your credit report to see how to use that money more …
We've been doing a series on Credit Score Basics, and how to get the best credit score... and we've packed this website with information on how to raise your credit score so that you can buy a house …
Continue Reading about Your Balances and Best Scores (part 3) →
We are doing a series of posts on how your mortgage credit score works... meaning, how do they come up with the number? We covered the fact that there are different "Models." This means that not …
Continue Reading about How Scores Work (Credit Score Basics 2) →
Stephen Thorne
Mortgage Loan Officer
NMLS 60596
Eleanor Thorne Mortgage
Loan Officer
NMLS 67179
Advantage Lending is an Equal Housing Lender. NMLS NMLS #5687 (NMLS Consumer Access), NC License L-161797 Certain limitations apply, call for details. Corporate Office 7521-101 Mourning Dove Road
Raleigh, NC 27615. Phone Number (919) 532-7300
