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Do you have less than perfect Credit?
If your
credit is less than perfect, you're not alone.
A recent study by the Mortgage Bankers
Association of America revealed some startling
facts: of 100 people who applied for a standard 30
year fixed rate mortgage through traditional lending avenues (banks, savings and loans, credit unions, etc.), less than 40%
qualified for that loan. That leaves
60%+ who were forced to seek
alternative real estate financing solutions.
Credit issues that can prevent you from obtaining a
traditional lending profile include:
1. Late Payments
2. Collections
3. Charge-Offs
4. Judgments
5. Bankruptcy/Consumer
6. Credit Counseling
7. Foreclosure
These items, unless paid off and/or eliminated, will not
go away, and will continue to prevent you from realizing your best
financial future. |
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Are there mistakes on your Credit Report that maybe
keeping you from qualifying for the best loan rate?
Request a FREE Copy of your credit report,
Click
Here. |
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