Credit Repair
At Reese Mortgage
Our
Team's main
focus
is to help bring you home.
What we mean by that is...
if there is a possibility of repairing your credit to
help you become approved, we will do it!
We are experts
at helping borrowers repair their credit so that they
can become homeowners or access the equity in their
home.
With our expertise and your willingness,
we could
have you approved in very little time.
Below are a few examples of how we did
just that!
Example #1: J.A. From Sacramento County, CA
This borrower came to one of my homebuyer seminars. I pulled her
credit and it was in the low 600's. She was eligible at
the time for a sub-prime loan but because she had been
at my seminar, knew that I could help her repair her
credit and she would then qualify for the best loan and
rates available. I gave the borrower her homework. Her
issue was a lack of re-established credit, and some old
accounts showed outstanding balances for credit accounts
that were in duded in her bankruptcy years ago.
I cleared up the accounts right away and put my client on a program
to open several credit cards over the next few months.
She did just that. Once the accounts were established
and dome payments were made we re-pulled the borrower's
credit report and she was in the 700's. She was
thrilled! I issued her a preapproval letter, she went
out with her real estate agent and bought a property
with a fantastic 30 year fixed at a very competitive
rate.
Example #2: K.R. Family From Placer County, CA
This family needed a home. They were
renting and outgrowing the home fast. The borrower's
fico score was just too low to get an approval. We
needed to act fast though because this borrower didn't
have a down payment and needed to use a down
payment assistance program, which were starting to be
suspended or out of money. Their credit profile included
a bankruptcy barely 3 years old, a really high debt to
income ratio, and several old derogatory items on their
credit report. I needed to boost their fico scores by
about 30 points. I was hoping for more but 30 I was
certain would do it. Gave the borrower my
recommendations, reviewed her documentation, assisted
her in writing her letters and even filled out the
necessary forms and gave her the addresses to mail
everything out to.
We expected notification within 45 days. They received it within 15 and all three credit bureaus
corrected her credit report. We got the necessary
increase in credit score to get this family into the
home of their dreams using a down payment assistance
program. The family barely put $500.00 of their own
money into the transaction and are now enjoying a
fabulous home. Had they not done what I recommended, the
credit would have never improved. They would have then
been subject to making their own down payment and the
credit would have never improved on its own.
If you would like help with credit repair
and becoming a homeowner, get started...Right
Now!
CLICK HERE
and Apply Online to be on your way home today!