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About
credit
Are you worried about your credit history?
Just about everyone has something in their past credit that
is less than perfect. The most important thing is to learn
what is on your report, determine what impact that information
has on your credit rating, and work on repairing and restoring
any damage that may have been done.
Mortgage loan options are rated by
credit, labeled like school grades - "A" credit
is the best, then down to A-, B, C, etc. Even if you do not
have an A credit rating, we can let you know what your options
are if you fall into an A- or lower category. The rates are
generally going to be higher, and may require a down payment.
If you determine that you are not satisfied with this type
of financing, then together we can map out what you need to
do with your credit and finances for the next six to twelve
months in order to qualify for an A credit loan.
There are three main credit bureaus
that most creditors (such as credit card companies, banks,
leasing companies, etc) provide information to on a monthly
basis. Each month, your credit holders report information
to the credit bureaus about your current balance, minimum
payment requirements, and credit history. If you need specific
information from one of the major credit bureaus, following
is the contact information for each of them:
Experian Information Service (XPN)
PO Box 2002
Allen, TX 75013
(888) 397-3742
TransUnion (TUC)
PO Box 1000
Chester, PA 79022
(800) 916-8800
Equifax Information Services (EFX)
PO Box 740243
Atlanta, GA 30374
(800) 685-1111
To order a free credit report and analysis,
please call Jeff at (623) 551-9360 or click here
to e-mail your request. |
Licensed Mortgage Banker and/or Authorized Lender in all 50 states and
the District of Columbia