Bruised, Battered and Bad Credit

Many people are asking me if it is still possible for people with bruised or battered credit to purchase a home.  The answer is, YES.  I have been a real estate professional and credit restoration specialist for over 17 years.  

Specializing in creative financing, I have assisted many people throughout the years reach their dream of homeownership by educating my clients about credit and score management. The first thing that you are asked when you apply for bad credit mortgage loans is 'What is your credit score?' Well, life is such that you might end up with a bad credit score even before you realize the importance of the whole thing. Many people have credit cards and take loans even before they realize the importance that the credit score can play in their lives later on. Many people also end up getting a bad credit rating owing to uncontrollable circumstances. A child who has fallen sick, an accident, divorce, company shut down and many other unexpected things can pop up. Life cannot and does not always work as planned. The result might be a bad credit rating. 

Unless you are paying cash for your new home, the 1^st step will be to pre-qualify for a mortgage. It is important that the mortgage professional you choose is experienced and can handle a person in your particular credit  situation. There are many professionals out their that specialize in helping people re-establish their credit.

In order to find your perfect mortgage match, you will need to know your  credit score, also known as your FICO score.  This number will determine what kind of loan and interest rate you qualify for. All 3 major credit bureaus have excellent services for retrieving and monitoring your credit. But after you find out what is on your credit report, what is the most efficient and safe way to improve your credit?   

With a personal credit restoration and score management plan many my clients have been able to increase their credit score in a relatively short period of time, allowing them to obtain the financing necessary to purchase their new home. Several have even qualified for 100% financing and include closing costs, effectively purchasing their dream home for "no money down".

If you are afraid that you will not qualify for a mortgage or that if you are qualified you will not be able to afford the interest rate, a personalized credit restoration plan may be the answer you have been looking for. I work side by side with my clients and their lender to detail a unique individualized plan tailored to their particular needs. By following an easy step-by-step process, you will be able to restore your credit and raise your score in the shortest period of time.   

Score management is not just for people with bad credit. Effectively, everyone can benefit from a detailed analysis and personalized credit management plan. Even someone with “good” credit has the potential to have great credit, thereby qualifying for a better interest rate, saving them thousands of dollars over the life of their loan.

Whether your credit score is 459, 589, 639, or 729, contact me today to discuss if a personal credit restoration plan is right for you.