This is a post that is not related to the mortgage business but I felt like I needed to spread the word. This happened about 3 miles from my house. My name is Lauren, and as many of you may know I am the step-daughter of Deputy Maness; the male officer was shot and put in critical condition on […]
It depends on if you had a job gap (time off between jobs) and how long the job gap was. You could have a job gap for many reasons, laid off, fired, maternity or left for a new job. If your job gap was over 6 months than you will have to wait until you have 6 months on your […]
Credit repair is helpful if there is a lot of incorrect information on your credit report. If you have hired a company to dispute all of your bad credit, it most likely will delay or stop you from getting a mortgage. Most credit repair companies will dispute everything on your credit report that is derogatory. When a trade line on […]
Yes it is true you can buy a home 1 day after your foreclosure. Your home has to have been already foreclosed, it cannot be in the process of being foreclosed. If you have a 660 credit score and 20% down you can buy a new home. You can get either a 5/1 or a 7/1 ARM. Rates start at […]
The fastest way to rebuild your credit score or increase it after a BK, foreclosure, deed in lieu of or a short sale is to get a credit card most likely it will have to be a secured credit card.If you happen to be a person without any credit this will work also. A credit card is considered revolving debt […]
FHA & VA loans no longer require a full tax transcript (4506-T) to be done if you are a W-2 employee. This does not apply if you a self employed or more than 25% of your income is commissioned income. This helps people buying or refinancing, where their tax returns show losses from unreimbursed employee expenses (form 2106) or they have […]
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