IMPACTING YOUR CREDIT SCORE
November 17, 2008 by Bob Schenkenberger · Leave a Comment
How does making an inquiry on your Credit Report effect your credit score??? When a consumer pulls their own credit report, it is considered a “consumer disclosure” request and therefore their credit scores will not be impacted by the pull. However, anytime a creditor accesses a consumer’s credit report it posts a credit inquiry. The credit [...]
“THE CREDIT CRUNCH”- what are investors looking for these days???
June 9, 2008 by Bob Schenkenberger · 1 Comment
photo credit: amishsteve There’s no simple answer to how the housing market got into this mess but the bottom line on the credit crunch is you do NOT have to have 720 fico with 20% down to get a loan. What are Investors (Mortgage Lenders) looking for these days- credit, income and equity. These criteria [...]