Past Credit History and Loan Requirements

April 19th, 2010

PAST
A: Credit History
CREDIT REPORT:
Items recommended to remove off of your credit:
Collections
Foreclosures
Inquiries
Charge-Offs
Late Payments
Public Records
Tax Liens
Bankruptcies
Judgments
Repossessions

CREDIT HISTORY:
REQUIREMENTS FOR A HOME LOAN:
-Chapter 13 BANKRUPTCY:
There must be 12 consecutive months of on time payments on all accounts
(including utilities, cell phones,etc) from the filing of the chapter 13
bankruptcy.

-Chapter 7 BANKRUPTCY:
There must be 24 months of perfect credit from the
disposition of [...]

Credit, Available Money, Job-Income Source

April 17th, 2010

In this posting I will outline the 3 main things that you will need to focus on When you are looking for a house, staying in a house or leaving a house. It will be credit, income, and money.  There are follow up blogs to this outline. For descriptions on each I highly recommend getting [...]

250+ Cash,PayDay,Loans,Unsecured,Credit Cards

April 15th, 2010

If you have been wondering where to go to go online to get quick cash advance, a payday loan, unsecured loans, credit cards, or easy money, I’ve put together a directory of the best places to get money.  Please give me feedback on which lenders do the best job, there are fax and non fax [...]

4 Steps to Owning a home in 2010

April 11th, 2010

Due to the economy, everyone wants to spend less money monthly on bills right now:
Due to Down Payment Assistance, 4.75% interest rates(if you qualify), and a much cheaper housing market…
A home loan saves you more money monthly then:
Renting, Rent to Own, and Contract for Deed as far as, for money upfront, and for monthly payments.
Step [...]

Short Refinance Vs. Loan Modification

April 11th, 2010

Most of you have heard the news from Obama as it relates to companies, and services that can help you with your home solution in this current economy. Chances are you took out a mortgage, or home loan a few years ago with your bank and now you are afraid that you may have bad [...]