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!
Working on your credit scores so you can purchase a home in North Carolina? We want to help! It's going to take some time to work it all out, and unlike most loan officers - we work with people who …
Continue Reading about What’s In Your Wallet (It Makes a Difference) Part 2 →
In the "good old days," (just last summer), you didn't really need a credit score to purchase a home... TODAY, even FHA wants to see some "traditional" credit. If you are interested in buying a home …
I just talked to a borrower, who moved to North Carolina for a job, and they needed to know how Foreclosure, Short Sales Bankruptcy Affect Mortgage Credit Scores in 2013. It's changed some - mostly …
Continue Reading about How Foreclosure, Short Sales and Bankruptcy Affect Credit Scores →
You know how you sign up for a store credit card, and they give you a 10% discount off that purchase? Okay, so let's say you "Stumble" in Victoria's Secret, and you purchase $350 worth of, ughmm, …
Continue Reading about Your 10% Discount at Victoria’s Secret is not really a deal… Just Sayin’. →
We saw this recently, and thought it was an accurate depiction of the fact that scores under 720 hurt you in the pocketbook these days! How Much Does Bad Credit Cost You? Thousands upon thousands of …
Is your Credit Score picture lookin' kinda bleak?? Relax - if we work together for the next 6 months - we can get you in a much better position! No matter what your credit picture - 6 months of …
Continue Reading about 4 Things U Can Do NOW to Get A Higher Credit Score →
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
