
If your credit is less than perfect, you're not
alone. A recent study by the Mortgage Bankers Association
of America revealed some startling facts: of 100
people who applied for a standard 30 year fixed
rate mortgage through traditional lending
avenues (banks, savings & loans, credit unions,
etc.), less than 40% that
leaves 60%+ who were forced to seek alter-native
real estate financing solutions.
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Credit
issues that can prevent you from obtaining a traditional
lending profile include:
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Late
Payments on Accounts (Home loans, car
loans, credit cards, etc.) |
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Collections |
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Charge-Offs |
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Judgments
(also called Abstracts of Judgment) |
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Bankruptcy/Consumer
Credit Counseling |
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Foreclosure |
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items, unless paid off and/or eliminated, will not
go away, and will continue to prevent you from realizing
your best financial future.
If
your credit isn't perfect, you will probably benefit
from using our unique
Get Mortgage Ready Program so you can purchase your
home and/or refinance your current home. To learn more about our Get Mortgage
Ready Program,
Click
Here.
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