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!
Trying to improve your credit scores so you can purchase a home? One of the first things you can do is pay off credit card debt. If you have several accounts, which one are you going to pay off …
Continue Reading about Which Credit Cards to Pay off First? →
I recently wrote about how some NON PROFIT (not court ordered) Consumer Credit Counseling Agencies are helping raise scores for a narrow niche of the market. You might be part of that niche! Are …
Continue Reading about Is Consumer Counseling Right For You? →
Applying for a mortgage this year? You might be interested in what we are seeing that is helping folks get the highest credit scores. Currently, we are advising folks NOT to pay an existing credit …
Continue Reading about To Get Higher Score – Keep Credit Cards Open- But Don’t Use Them? →
Applying for a mortgage loan? You may have a copy of your credit report, and you're trying to figure out how to fix some stuff that is on there that is just plain wrong. Many people have some …
Continue Reading about Sample Letter – Pay Debt Make It Disappear →
Many people who have had short sales, hard credit times - are now past all of that, and they are ready to buy a house. That's great news! But, it normally helps, as you are applying for a …
Continue Reading about How Long Can A Creditor Come After You in NC?? →
If you lost your job, and you are going through a Foreclosure, Short Sale or Bankruptcy we know that this is a tough time. Many people think they might not be able to buy a house again - the good …
Continue Reading about Sample Ceast and Disist Letter to Stop Collectors from Calling →
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
