Comments on: Help with fixing credit so I can buy a home?

By: Auris

Auris — Mon, 08 Mar 2010 02:44:04 +0000

This site maybe able to help you to repair your credit >>

By: Beu T

Beu T — Fri, 05 Mar 2010 01:18:06 +0000

Many mortgage lenders take precautions while lending to applicants with poor credit score. Hence you will find most of your applications are rejected if your credit record is poor. If you want to apply for a mortgage, ask for the copy of your credit report. Go through it carefully to understand the factors that your lender will consider to approve your mortgage. Pay off all the unpaid debts before applying for the mortgage. Wait till you get the receipts of the debt paid or your lender confirms that the debt has been cleared.

By: Bryan

Bryan — Wed, 03 Mar 2010 16:16:14 +0000

Not to burst your bubble or anything, but credit score is the last thing you need to worry about when your buying a home. You need to see how your d.t.i is looking first. D.T.I stands for debt to income ratio.

How much you make in a year as opposed to what you owe. I don’t know how much debt you have in medical bills, credit cards, or personal loans. I do know that if they turned you down, it’s probably a significant amount.

If your debt / income ratio IS bad, get yourself in a debt settlement program that can knock it out in a year. I work for a christian based debt settlement firm in Austin, TX. Feel free to shoot me an e-mail, and I’d be happy to go over your situation with you.

By: Ken S

Ken S — Tue, 02 Mar 2010 17:19:43 +0000

You have to make pay-for-delete agreement with creditors/collection agencies on your credit report. You will pay them and they will remove derogatory info from your credit reports (Equifax, Experian and Trans Union). Make sure you get it in writing before you pay them. You would also need a downpayment and confirmation of your job/income. With previous bad credit history it appears that you need credit counselling course so that you can learn to live within a budget.

By: kckid2

kckid2 — Sat, 27 Feb 2010 09:14:01 +0000

If you’re having problems paying bills, it seems to me that a mortgage is probably not a great idea for you.

And the low credit score would seem to confirm that.

Credit scores usually reflect attitude. Fixing that begins in your head.

By: entidtil

entidtil — Thu, 25 Feb 2010 18:26:36 +0000

Paying your bills on time, as agreed without ever being late is the best way to raise your credit score. It takes time to raise it. It can’t be done overnight. Many months, maybe even years of a flawless record will raise it.