How can you fix an error on your credit report? Every person has the right, under the Fair Credit Reporting Act, to dispute the completeness and accuracy of information on their credit files. If there is a mistake on a credit report, it’s not difficult to fix it. You should do it yourself - it’s […]
Entries Tagged as 'Loan Applicants'
Credit Report Errors: How to Fix and Repair
November 4th, 2009 · No Comments
Tags: Credit Reports · Loan Applicants · Paul Scheper · Lending
The 6 “Must Know” Tips for Loan Applicants
November 2nd, 2009 · No Comments
Yogi Berra, the famous New York Yankee catcher, should have been a part-time loan officer. It was he who once said, “It’s never over till it’s over.”  He must have been referring to the time period between a mortgage application and a mortgage funding. Â
More than a few buyers have had the wind knocked out […]
Tags: Mortgage Funding · Debt-To-Income Ratio · Loan Processing · Loan Applicants · Paul Scheper · Mortgage Lending
SHORT SALE, FORECLOSURE, OR DEED IN LIEU: WHICH IS BEST FOR THE BORROWER?
August 3rd, 2009 · 3 Comments
If only the President’s foreclosure-prevention plan worked as well as “cash for clunkers”. But it hasn’t. When the Administration announced the Making Homes Affordable plan in February of 2009, officials said they hoped it would help 4 million distressed homeowners to stay in their homes. As of this writing (8/2/09), the Administration has acknowledged that […]
Tags: Under Water · Making Homes Affordable · Loan Modifications · Deed In Lieu of Foreclosure · FICO · Treasury Department · FICO Scores · FNMA · Freddie Mac · Bob Hunt · Short Sales · Lending · Loan Applicants · Fannie Mae · Loan Processing · Foreclosures