Linda Ferarri, President of Credit Resource Corporation, is an expert on credit remediation. Watch this informative video clip now and find out what five elements make up a credit score. Five Factors that Make Up a Credit Score
Both the House and Senate passed the massive bailout bill this week. What caused this mess and what does it mean for everyday people like us? Take the time to listen to an interview by Brian Brady, Sean Purcell and Greg Swann addressing: "The Community Reinvestment Act (original sub-prime loans), conceived in 1977 and super-charged … Continue reading Underneath The Hood of The Bailout Bill
Whether we meet face-to-face or talk on the phone my initial step will be to explain and walk you through the application process. It is a simple interview, and most of the information you'll need can be taken straight from your credit report. The amount you'll actually need to provide on your own isn't overwhelming. There are generally … Continue reading Information You’ll Need To Provide — Part 1 of Applying For Your Loan
Over the last 16 years, I've seen far too many people financially over-extended. Fortunately, I've helped countless clients consolidate their debt utilizing strategic equity management strategies and have placed them in a situation to both save and payoff their remaining housing debt (or accumulate enough money to payoff if needed) in 10 to 20 years. Many … Continue reading Sometimes I Feel Like Michael Jackson’s Plastic Surgeon!
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With the recent drop in property values in many cities around the county combined with the large number of adjustable rate mortgages coming due some homeowners in America are in a heap of trouble. That trouble comes when they try to refinance when a house is worth less then they owe on the mortgage. Although … Continue reading How To Refinance When My Home Is Worth Less Than I Owe On The Mortgage
I'm starting to see more of a dirty little secret not often discussed in the mortgage and real estate industry. It however is is starting to pop it's ugly head more than usual and I have a feeling our current market environment has something to do with that. I'm talking about "Pre-Approval Letters" and what … Continue reading Pre-Approval Letter Defined – Again