sangfnsgfsd
Brett's Mortgage Blog

Way Around Getting Rid Of Credit Disputes…

Good Morning!

Here’s one way to get a loan done with existing disputed accounts on your credit.
Does this situation sound familiar?…
You hired someone to work on your credit. Now, you have a bunch of disputed accounts on your credit report.
That’s all fine and good… Until you need to get a mortgage.
Your mortgage guy says “You need to get rid of these disputed accounts before we can get a loan done for you.”
Getting disputes removed can be costly and very time consuming. …and, often this process alone can kill your purchase transaction.
One way to get around this is to use a manually underwritten FHA loan.
FHA guidelines allow the underwriter to do a manual underwrite on your file (assuming you would otherwise qualify for the loan), and close the loan with the disputes intact and remaining on the credit.
Call me or email me if you have questions about your situation. I’ll be glad to help you!
That’s it for today!
Have a good day today! …and thanks for reading.

 

Brett Sampson

Recent Posts

How To Buy Rental Property Without Income Documentation…

Did you know we have a mortgage program that doesn’t require any income documentation when…

3 days ago

100% Financing Down To A 580 Credit Score…

Did you know even if you have “challenged” credit you can still get a low…

4 days ago

How To Get A Mortgage With Foster Care Income…

If you receive money from the State or a County sponsored organization for providing foster…

1 week ago

Two Most Common Reverse Mortgage Questions…

I wanted to address the two most common questions that I get regarding reverse mortgages……

2 weeks ago

You Paid Cash For Your House, But Now You Need Your Cash Out…

If you purchased a home using your own cash, and now would like to pull…

3 weeks ago

Free Grant Money Available For These Professions…

I wanted to let you know we have a 2% to 5% downpayment and closing…

3 weeks ago