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!
Maxine embodies my favorite RANT! Okay folks, listen up! Mortgage Loan Guidelines are changing - and we need scores that are much higher than most of you have! So here's what I need you to …
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There are two kinds of "bad" information on your credit report... there's the stuff that actually happened, that's "not positive" like a collection, or missed payment. Then there's the "bad" …
OMG! My son recently received an application for a new credit card - and being the snoopy Mom that I am, I peeked at the terms (then threw it away! Shhhh!) He's a Senior in College, and he's …
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Q: What Score do you need to Cash Out Refinance? A: And the NEW Answer is... Fannie Mae is changing guidelines December 1, and with that change you will need at least a 660 score to obtain a cash …
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"Clean Credit" is a slang term used OFTEN in mortgage lending. It refers most often to someone who has 12 months with no lates. But it's not just late payments, it also refers to 12 months with no …
Here's a sample letter that you can use to request that a creditor remove information from your report, and STOP calling to harrass you! Be certain you use the information contained on your credit …
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
