Credit Scores Needed To Qualify For A Kentucky Mortgage Loan Approval?

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What Credit Score do You Need to qualify for a FHA VA KHC Kentucky Mortgage?

What Credit Score do You Need to Buy a  Kentucky Home?

When it comes to mortgages and credit scores, there are two really important questions to ask:

–What credit score do I need to qualify for a mortgage?

–What credit score do I need to get the lowest interest rate on a mortgage?

These different but related questions are important if you are looking to buy a home. And the second question is particularly important. With a high FICO score, you can literally save tens of thousands of dollars in interest over the life of a home loan. So let’s take a look at both questions. And if you don’t know you score, be sure to get you free credit score.

What credit score do you need to qualify for a mortgage?

The first thing to keep in mind is that qualifying for a mortgage involves a lot more than just a credit score. While your FICO score is a very important ingredient, it is just one factor. Lenders also look at your income and level of debt, among other things.

As a rule of thumb, however, a credit score below 640 will make buying a home very difficult. A FICO score below 640 is considered sub-prime. In the past there were mortgage companies that specialized in sub-prime mortgages. Because of the challenges in the credit market over the last year or so, however, sub-prime loans have become difficult if not impossible to obtain.

A FICO score between 600 and 640  is considered fair to good credit. But keep in mind, this range of credit scores does not guarantee you will qualify for a mortgage, and if you do qualify, it won’t get you the lowest interest rate possible. Still, to buy a home aim for a score of at least 640, recognizing that other factors weigh in the decision and that some banks may require a higher score.

What credit score do you need to get a low rate mortgage?

It use to be that a score of about 720 would yield the lowest mortgage rates available. Today, the best rates kick in with a FICO score of 760. And interest rates go up significantly as your credit score drops. To give you an idea, the following table shows current rates by credit score and calculates a monthly principal and interest payment based on a $300,000 loan:

When applying for a mortgage loan, lenders will pull what they call a “tri-merge” credit report which will show three different fico scores from Transunion, Equifax, and Experian. The lenders will throw out the high and low score and take the “middle score.” For example, if you had a 614, 610, and 629 score from the three main credit bureaus, your qualifying score would be 614.
Most lenders will want at least two scores. So if you only have one score, you may not qualify. Lenders will have to pull their own credit report and scores so if you had it ran somewhere else or saw it on a website or credit card you may own, it will not matter to the lender, because they have to use their own credit report and scores.
Lastly, lenders will pull your credit report for free nowadays so this should not be a big deal as long as your scores are high enough.
The Secondary Market of Mortgage loansThe Secondary Market of Mortgage loans offered by FHA, VA, USDA, Fannie Mae, and KHC all have their minimum fico score requirements and lenders will create overlays in addition to what the Government agencies will accept, so even if on paper FHA says they will go down to 580 or 500 in some cases on fico scores, very few lenders will go below the 620 threshold.
If you have low fico scores it may make sense to check around with different lenders to see what their minimum fico scores are for loans.
The lenders I currently deal with have the following fico cutoffs for credit scores:
As you can see, 580 is the minimum score with most lenders for a FHA, VA, or Fannie Mae loan, and 640 is required for the no down payment programs offered by USDA and KHC in Kentucky for First Time Home Buyers wanting to go no money down.

A Complete Guide to Closing Costs

Joel Lobb
Senior  Loan Officer

(NMLS#57916)
 Company ID #1364 | MB73346

 unnamed (2) (1)

text or call my phone: (502) 905-3708
email me at kentuckyloan@gmail.com

The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). USDA Mortgage loans only offered in Kentucky.

All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice.

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104 thoughts on “Credit Scores Needed To Qualify For A Kentucky Mortgage Loan Approval?

    • Here are six tips for improving your credit score for a fresh financial start in 2016.

      1. Pay Your Monthly Bills on Time
      Paying monthly bills is a necessary chore that has a definite effect on your credit score. According to the FICO scoring model, your payments account for as much as 35 percent of your total score. Create reminders for due dates or establish a calendar for yourself to ensure you get everything paid on time.

      2. Reduce Your Debts
      Got credit card debt? Start paying it off now. Part of your credit score is based on the amount of available credit you have, known as your credit utilization ratio. So if you’re carrying high balances, you’ll want to lower them as soon as possible. Create a personal budget with a goal of reducing your spending so that it’s lower than your income. Then, use any monthly surplus for your credit card debts until they’re gone for good.

      3. Limit Credit Inquiries
      Looking for a new apartment? What about a mortgage? In either situation, try and group your applications together as much as possible. Applications for new lines of credit will generate a “hard pull” on your credit, and having too many of them in a short period of time can lower your score. However, credit reporting agencies usually consider a group of applications within a short period of time as one pull, as long as they’re in the same category.

      Similarly, limit yourself to opening up no more than one or two credit cards per year, which also generate hard pulls. Even if you get a ton of offers in the mail for stellar sign-up bonuses, they’re likely to be offset by the damage to your credit. FICO reports that new credit and credit inquiries account for 10 percent of your total score.

      4. Don’t Cancel Old Cards
      Have a card you don’t use anymore? Don’t close it. This can negatively affect your score as it lowers your amount of available credit. Instead, use it about once per month and don’t forget to pay the bills in full, and on time.

      5. Request Credit Limit Increase
      If you only have one card and you’re constantly approaching your spending limit, call the bank and ask for an increase in your credit line. This will raise the amount of available credit, which will eventually improve your score.

      6. Take Care of Late Payments Before They Hit Your Score
      If you do happen to miss a payment, contact the card issuer immediately. If you have good history built up, the company may agree to not report your late payment. Even if you can’t avoid a late-payment fee, be sure to get your account up to date as soon as possible so you can limit the damage.
      Your credit score is yours to own. It reflects your financial history and helps lenders predict how you will manage your finances in the future. Due to the lingering effects of credit, you don’t want to waste any time to improve your credit.

    • Hi guys, I have something to share here and i want you to make use of this opportunity I actually thought it was a lie when my colleague told me about them. I had a total of $36,000 in student loan debt that I couldn’t pay for 3 years until my friend introduced me to ZEUSHACKERS01atOUTLOOKdotCOM , I was in shock when they helped me clear the debts within few days. I’m so happy right now and I advice you guys to also get to them for help in increasing credit score, catch cheating partner

      • Navigating the credit score landscape is sometimes treacherous for consumers, with so much confusing and seemingly contradicting information about scoring models, multiple credit bureaus, reporting guidelines, and plenty of websites offering “free” credit scores.
        In fact, when someone clicks on one of those offers to view their credit score, they will quickly find out that the free offer:

        1) Isn’t free, and

        2) Also may not be accurate or even particularly useful.

        If #2 comes as a shock, let me explain.

        Most people understand by now that there are three major credit bureaus, Experian, Equifax, and TransUnion, offering their own credit reports. And they may even understand that FICO releases a score based on those findings.

        But most consumers don’t realize that there is more than one version of FICO scores (in fact, there are more than two dozen FICO scores!).

        FICO also isn’t the only game in town, since Vantage calculates their own version of consumers scores. Your Vantage score is also the score you’ll probably get if you request a free credit score from one of those sites.

        The problem is that it’s most likely not even relevant or useful.

        Why?

        90% of lenders don’t use Vantage Scores to make their lending decisions, but one of FICO’s many versions.

        So it’s sort of like studying multiple choice answers from last year’s test and then expecting to pass this year’s version.
        However, 85% of consumers who get scores from Credit Karma or one of those “free” credit sites think they’re getting the score that’s used by lenders. Moreover, 65% think they’re actually receiving their FICO score – not Vantage.

        While I know at least two parties (like Vantage and those money-making free credit websites!) that argue Vantage Scores are great for educational purposes and probably mirror the general trend of your FICO scores, the two scoring models aren’t even calculated the same.

        In fact, Vantage scores range from 501 to 990, while FICO scores range from 300 to 850.

        Even within FICO’s different internal scoring models, there’s a great variance in scoring for the same person.

        Reportedly, 45% of the population has an “economically meaningful” difference between their highest and lowest FICO Score. We’re not talking about just a few points here, either. FICO’s research shows that the average difference between a single consumer’s high and low FICO score, depending on which model of scoring is being used, varies 62 points. And 10% of consumers have a score variance of 100 points or more!

        Why is this revelation that Credit Karma and other free-ish credit websites use Vantage, not FICO, so important?

        If you’re just taking a quick look at your credit for fun and like wasting money, then it’s probably not a problem.

        But for most people, they look at their credit score with the intent to taking action based on what they see. That can be paying off debt or applying for new credit cards, business loans, auto loans, or even home mortgages.

        Thanks to purposeful confusion on Credit Karma and other sites, tens of millions of consumers are making critically important financial decisions based on their Vantage Scores – NOT the FICOs that lenders are using to qualify them.
        Who knows how many people could qualify for a mortgage based on their FICO Score but give up before they even start because their Vantage Score reflects otherwise? Consumers might apply for the wrong credit cards, hold off on that business loan, or even overvalue their position when applying for loans, all of which can cost them huge money unnecessarily.

        However, if you access your FICO score, you can be confident you’re looking at the accurate credit reporting data and score that almost all lenders are using.

        In fact, FICO has more than two dozen versions of their scoring for different purposes, with nine of those versions widely used by the three national reporting agencies.

        Each FICO version has a specific purpose or use. For instance, if you’re getting an auto loan, lenders probably use FICO® Auto Score 8. FICO® Score 9 is usually employed for medical collections, and credit card lenders have a number of choices between FICO Bankcard Score 8 and versions 2, 4, and 5.

        Mortgage lenders typically use FICO scores 2, 4, and 5, which are wrapped into a credit reporting portfolio called a residential mortgage credit report, or RMCR.

        But before you get too confused, just remember this: only go to Credit Karma or spend money on one of the credit reporting sites if you want to get your Vantage Score.

        However, if you are looking for the same information that lenders are actually basing their decisions on, you can view your full credit reports from all three bureaus once per year for free at http://www.annualcreditreport.com

        Even better, Blue Water Credit can help you get your most recent and accurate credit report and scores, as well as improve your scores before you apply for a loan.

        If you pay off a credit card and want to close the account, will it help your credit?
        So, you just paid off the credit card that you have had for a long while, do you close it or keep it open? First let me say, Congrats, way to go towards becoming debt free! Nice job! Congratulations via KatieAshley wikispaces
        Now what? If your goal is to keep your credit scores on the rise and isn’t this most everyone’s goal? Especially if you have a large purchase such as a new home or car in your future think twice before you close the account and here is why:

        The age of your accounts is one of the factors that is used in many credit scoring models with the three credit bureaus. Length of credit history is 15% percent of your credit score however payment history is 35% of your credit score. Credit score model en wikipedia org

        When an account that has been for open a lengthy amount of time and in good standing but is now closed you will lose that ability to show you responsibility in paying the account on time for a long time as well as your payment history on the account. This account will no longer be used in scoring your credit score and you may see a drop in your credit score for this reason. If you pay off the card and simply leave the account open, you will continue to receive the positive points on that particular credit card. An “aged” account is very beneficial in helping you increase AND maintaining your higher credit score.
        Again, congrats on one step closer to being debt free as you pay off your credit cards. Do whatever it takes to not charge it up again. Remembering that credit utilization is 30% of your credit score. Keep your balances low (below 30% of your limit is best) and pay all accounts that appear on your credit report on time or early!

        Build Your Credit

  1. Transunion logo is a registered trademark of Transunion Inc;Experian logo is a registered trademark of Experian Corporation, Equifax logo is a registered trademark of Equifax Fair Isaacs Corporation. No association is implied. The credit score provided by this system is an approximate score based upon your answers to your credit history questions and using similar algorithms as major credit bureaus in the United States to gauge your unique score.

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  55. Credit: Most lenders want a 640 credit score, however there are some lenders now doing FHA loans down to a 580 score with no bankruptcies in the last 2 years and no foreclosures in the last 3 years.

    If you have a 580-639 credit score there is a possibility of doing a FHA loan with a 3.5% down payment.

    Down Payment: There are still housing programs that exist for Kentucky home buyers whereas you can purchase a home with no down payment. You will need a 640 mid credit score to purchase a home using the USDA or KHC loan programs for their no down payment credit requirements.

    If you have access to at least 3.5% down payment or more, we can always look at doing a Fannie Mae or FHA loan and possibly securing a little better rate on the terms of your loan. I will go over your options once we get you pre-approved to let you decide which is best for your situation.

    Income: The maximum house payment is usually limited to 1/3 of your gross monthly income. For example, if you make $3000 gross a month, then x that by 30%, and this would equal about a $900 maximum house payment.

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  58. This is the best advice ever, I only wish I had found this gem of knowledge years ago! My wife had an illness that almost claimed her life, we had to draw out thousands for her treatment from our HELOC accounts. Credit scores dropped to mid 500’s, had about 34k balances in AMEX CC, a 27k boat loan and other cards with high balances. We also lost one of our properties (collateral) in NJ to the bank during this period. When I asked my sister for financial assistance, she told me about her US based Chinese hacker she met at business seminar. She talked to the guy on my behalf and passed on his contact info for us to discuss directly. After filling out some basic info with him, he did his magical thing, using his method my CS was fixed back to the high 800s by him, and all debt on Heloc really got paid off in 2 weeks and we bought our house back. He helped us clear the high balances in all our CC and a lot of magical things i can’t just explain he did on my credit report when the bank looked up my credit history to approve our new Heloc account. The worst part is that the banks don’t want us doing this because there is little profit for them. They want us “mortgaged” and indebted for life. My definition of life is all about helping others, so for anyone interested leave him a message on his address below and tell him i referred you. Good luck to those that take the leap and move into financial freedom!
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    • So, you just paid off the credit card, now what?
      by Donna Jefferson
      If you pay off a credit card and want to close the account, will it help your credit?
      So, you just paid off the credit card that you have had for a long while, do you close it or keep it open? First let me say, Congrats, way to go towards becoming debt free! Nice job! Congratulations via KatieAshley wikispaces
      Now what? If your goal is to keep your credit scores on the rise and isn’t this most everyone’s goal? Especially if you have a large purchase such as a new home or car in your future think twice before you close the account and here is why:

      The age of your accounts is one of the factors that is used in many credit scoring models with the three credit bureaus. Length of credit history is 15% percent of your credit score however payment history is 35% of your credit score. Credit score model en wikipedia org

      When an account that has been for open a lengthy amount of time and in good standing but is now closed you will lose that ability to show you responsibility in paying the account on time for a long time as well as your payment history on the account. This account will no longer be used in scoring your credit score and you may see a drop in your credit score for this reason. If you pay off the card and simply leave the account open, you will continue to receive the positive points on that particular credit card. An “aged” account is very beneficial in helping you increase AND maintaining your higher credit score.
      Again, congrats on one step closer to being debt free as you pay off your credit cards. Do whatever it takes to not charge it up again. Remembering that credit utilization is 30% of your credit score. Keep your balances low (below 30% of your limit is best) and pay all accounts that appear on your credit report on time or early!

      Comments »

      A Paid Collection is still a Collection.
      August 10, 2016
      Credit increase credit debt team jeffeson

      Did you know….

      Just because you pay off a collection it does not erase the derogatory marks on your credit report.
      A collection is an account that has been severely past due and the creditor gave up on receiving payment and turned the debt over to a Collection Agency to try to collect the money owed usually adding additional fees to the balance.

      Many people believe once a collection is paid that it will be removed from your credit report. Some collection agencies will even go as far as tell you that they will remove the collection from your credit but usually, (unfortunately) this is a ploy to get your payment.

      Read more here.

      By Donna Jefferson

      Credit and Mortgage Loan Specialist

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      Tags:Buying a home, Collections, Credit bureau, Credit history, Credit score, Debt, Statute of Limitation
      Posted in buying a home, Credit, Credit 101, understand your credit to prepare for buying a home, Credit card debt, Increase Credit Scores | 2 Comments »

      Credit and Your Payment History
      August 8, 2016
      How to Build Your Credit Scores
      Credit increase credit debt team jeffeson

      Did you know..

      The only way to build your good credit is by utilizing credit accounts to establish a payment history and show responsibility by maintaining very low or zero balances. A payment history, however, will take time to build your scores since it is based on the history of your payments being made on time. Simple as that! Your credit payment history makes up 35% of a Fico Score. So if you’re trying to make a comeback from derogatory credit or build new credit remember to be responsible with your payments and set reminders or auto payments to ensure you are not late with even one account that reports to the credit bureaus.

      Build Your Credit
      Learn ways to be responsible with your credit and your finances.

      Paying by cash is a good practice to help save money because generally it is harder to hand over cash however, paying cash for everything or paying with a debit card does not impact your credit score as all since it does not establish a payment history.

      In most all of our lives we will need to purchase something on credit. It is best to work hard to maintain the best credit rating possible so you will be prepared and will receive better interest rates due to your excellent credit rating which will also save you money in the long run.

  60. Late last year,around December me and my husband decide to move our family to south Florida to secure a Condominiums apartment.It was pretty clear from the onset of our search for a rental that we’d likely be dealing with an HOA as almost every place we found had one.we finally found a very comfortable and conducive place for us and our little kids.They approved us and presented us with the HOA applications which should be sent back ASAP to begin the process,but then we have credit cards fraud some months ago,also our credit scores are 503 and 555,credit reports reads few collections.we stopped using CC for several months now because of the debts.we had an encounter with a our loan officer who introduced us to his secret hacker,if only we can pay for his services,we needed this ASAP because we love the condo.we both agreed to hire him because our LO gave us his word of sincerity,the hacker with the email(FREEDOM_HACKING (@) Hotmail. COM)cleared our CC debts and collections in the first 3 days and Raised our scores to 805 which was also worked on for another 3 days.He is extremely knowledgeable about credit problems and hacking in general.we are so grateful to you for putting smile on our faces,he can render help if you contact him.

    • Your credit score, the three-digit number that follows you around life & requires your supreme care!! 📊
      These steps can help you avoid common mistakes that could damage your score:

      KNOW YOUR SCORE 7️⃣️5️⃣️2️⃣️

      GET CURRENT & STAY CURRENT ON YOUR PAYMENTS 📆

      PAY DOWN CREDIT CARDS ⬇️Don’t spend over 30% of your available credit

      UNDERSTAND THE IMPLICATIONS OF CANCELLING CREDIT CARDS 🚫🚫It isn’t always smart to payoff an cancel.

      STRIKE A BALANCE BETWEEN PAPER & PLASTIC 💵💳

      DO NOT APPLY FOR CREDIT YOU DO NOT NEED 🛍️👗🏝️

      If you’ve had previous credit problems, message me! We can help guide you in the right direction to improve it! Continue making your payments ON TIME- this is #1!

      Image may contain: text


      Joel Lobb
      Mortgage Loan Officer
      Individual NMLS ID #57916

      American Mortgage Solutions, Inc.
      10602 Timberwood Circle
      Louisville, KY 40223
      Company NMLS ID #1364

      Text/call: 502-905-3708
      fax: 502-327-9119
      email: kentuckyloan@gmail.com

      http://www.mylouisvillekentuckymortgage.com/

  61. I have been ripped off by three hackers who claim to be legit but zoomed with my fund.i sold my car to pay one of the scammers.i don’t have much on my credit but a student loan,a bunch of closed accounts,most of them i’m only an authorized user.i only have student loan of $21,000,also i am on the chex system and cant open a bank account.Several attempts to clear my score with the help i got online and so called hackers were Void.My last trial was on the 02-19-2018,my sister-in-law came visiting and during our conversation she got to know that i have been scammed,she was down with tears,scolded me blah blah.she phoned her computer expert boyfriend who has assisted few people on different occasions,this guy dislikes cheating.He told me to keep this to myself but i cant because i know so many out here in need of sincerity. He made a Top up to my FICO scores all over the 3(Experian. Equifax and TransUnion,) bureau,cleared me off Chex system,student loan was not left out.I watched this for a month before embarking on getting a loan and that just got through last week.for many of us out here who already lost hope getting a hacker to fix anything for you,you can send a mail to ZOMBIE.BINARYLORD(@)HOTMAIL.COM for assistance,guidiance.

    • We need to raise your scores up to get you financed. I would recommend the following actions to get your scores up.

      Here are some important tips to increase your credit score:

      Pay your bills on time. Late payments can hurt your score significantly. If you have missed payments, get current and stay current. The more you pay your bills on time, the better your score.
      Open a secured credit card ( 2 of them) for the both of you.

      Keep credit card balances low relative to credit limits (30 percent or lower is recommended). “Maxing out” your credit cards means you have a very high utilization rate, which significantly lowers your credit score.

      Here are NerdWallet’s picks for the best secured credit cards.

      Lowest deposit for people with no credit: Capital One® Secured MasterCard®
      For a deposit of $49, $99 or $200, depending on your credit history, you’ll get a limit of $200;
      the annual fee is $0.

      Capital One Secured MasterCard Credit Card
      (86)
      Apply Now
      on Capital One’s
      secure website

      Benefits of the Capital One® Secured MasterCard®:

      Unlike most secured cards, it’s possible to get a credit limit on this card that’s higher than the security deposit you put down. You can get a limit of $200 for a $49, $99 or $200 deposit.
      You can make partial payments on your deposit, as long as you provide the full amount within 80 days of being approved. You’ll get access to your full credit line before that time.
      There’s no penalty APR.
      This card reports to the three major consumer credit bureaus, which is somewhat rare among secured cards.
      You can track your credit-building with Capital One’s Credit Tracker.

      Best for bad credit or no checking account: OpenSky® Secured Visa® Credit Card

      Capital Bank Open Sky Secured Credit Card
      (3)
      Apply Now
      on Capital Bank’s
      secure website

      Benefits of the OpenSky® Secured Visa® Credit Card:

      You can qualify for this card within minutes. The bank doesn’t run a credit check and doesn’t require a checking account, unlike other major issuers.
      Since the annual fee is $35, this card is a relatively affordable way to improve a severely damaged credit score.
      The card reports to the three major consumer credit bureaus.

      Here are six tips for improving your credit score for a fresh financial start in 2017.

      1. Pay Your Monthly Bills on Time
      Paying monthly bills is a necessary chore that has a definite effect on your credit score. According to the FICO scoring model, your payments account for as much as 35 percent of your total score. Create reminders for due dates or establish a calendar for yourself to ensure you get everything paid on time.

      2. Reduce Your Debts
      Got credit card debt? Start paying it off now. Part of your credit score is based on the amount of available credit you have, known as your credit utilization ratio. So if you’re carrying high balances, you’ll want to lower them as soon as possible. Create a personal budget with a goal of reducing your spending so that it’s lower than your income. Then, use any monthly surplus for your credit card debts until they’re gone for good.

      3. Limit Credit Inquiries
      Looking for a new apartment? What about a mortgage? In either situation, try and group your applications together as much as possible. Applications for new lines of credit will generate a “hard pull” on your credit, and having too many of them in a short period of time can lower your score. However, credit reporting agencies usually consider a group of applications within a short period of time as one pull, as long as they’re in the same category.

      Similarly, limit yourself to opening up no more than one or two credit cards per year, which also generate hard pulls. Even if you get a ton of offers in the mail for stellar sign-up bonuses, they’re likely to be offset by the damage to your credit. FICO reports that new credit and credit inquiries account for 10 percent of your total score.

      4. Don’t Cancel Old Cards
      Have a card you don’t use anymore? Don’t close it. This can negatively affect your score as it lowers your amount of available credit. Instead, use it about once per month and don’t forget to pay the bills in full, and on time.

      5. Request Credit Limit Increase
      If you only have one card and you’re constantly approaching your spending limit, call the bank and ask for an increase in your credit line. This will raise the amount of available credit, which will eventually improve your score.

      6. Take Care of Late Payments Before They Hit Your Score
      If you do happen to miss a payment, contact the card issuer immediately. If you have good history built up, the company may agree to not report your late payment. Even if you can’t avoid a late-payment fee, be sure to get your account up to date as soon as possible so you can limit the damage.
      Your credit score is yours to own. It reflects your financial history and helps lenders predict how you will manage your finances in the future. Due to the lingering effects of credit, you don’t want to waste any time to improve your credit.

  62. don’t usually buy into all this ideas but I have been looking all over the place for advice on my credit score. I have a low score of 450 which make me worried for some years,I have also work with the collection agency and they said they can’t remove it but they will mark it as a disputed item and if i want it removed i will have to go court which i don’t understand.i also contact one credit bureau and my score still remain the same.luckily for me to found a great guru through a public forum and i have no choice to pay him and am proud to review him to the world because i now upgrade to 800 plus excellent result within 24 to 48 hours.in case u need such assistant get to him on:  dejatech0007 AT GMAIL DOT com tell him Andrea referred you.

    • Try our Fannie Mae and Freddie Mac No Credit Score Loan. Check out the details:

      Freddie Mac LPA No Credit Score 2013-26

      Owner occupied/one unit/purchase transactions only
      Intended for borrower(s) with no usable credit score, if one of the multiple borrowers has a usable score the program is allowed
      If both borrowers have usable scores please refer to standard FHLMC products
      Must be run through loan product advisor (LPA) and receive an accept/eligible recommendation
      Ratios, reserves, and assets are determined by LPA
      Acceptable gifts are allowed
      Up to 95% LTV (appraisal waiver may be possible on LTV’s 80% or less)
      Fannie Mae DU No Credit Score 2013-25

      No extra pricing hit for the manual underwrite
      Up to 95% LTV purchases only
      Manual underwrite (this loan is not run through DU to qualify))
      Owner occupied only
      Gifts are allowed, per FNMA guidelines
      Non-occupant co-borrowers are acceptable
      Max DTI is 36%
      FHA and VA No Credit Score Programs also available!

    • In order to get you pre-approved for your max loan amount, I will need the following items from you. This is a free process and I will give you a copy of your credit report for free!

      Mortgage Pre-Approval Checklist

      1. Last 30 days worth of pay stubs
      2. Last 2 years W-2′s
      3. Last 2 years tax returns
      4. Last two months bank statements for all accounts including 401 k or retirement account if you have one
      ____________________________________________

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