It looks like EQ will be my best report in a few days (they have 6 days to clear items in which I received letters from the CA and forwarded to them) TU and Experian are getting sued... Any mortgage lenders pull Equifax alone, I really want to go with B of A and their online quick version or World Savings... Anyone know what they pull??? I would go to millcbs.com but I have noticed it is geared more towards credit cards... BTW, this is in Texas Thank You 'Kane
look at this http://consumers.creditnet.com/straighttalk/board/showthread.phps=&pgnum=1&postid=250306#post250306
Also check out this site that was on a post the other day http://www.nationalmortgagenews.com/cgi-bin/grapevine/rendermain.pl?1034283847
HuriKane: We did our mortgage through World Saving in January of this year and they pulled all 3 CR's. I'm actually a BofA customer and talked to them before going to World Saving and they pulled all 3 also. I'm in Kansas so it may be different for you but I doubt it. Kirk
HuriKane What is causing your scores to be where they are? That is going to have a major impact on what type of mortgage you can get. Based just on the scoring you show, you will probably need to go sub-prime. If you shop carefully, you should be able to find a mortgage broker that will not rip you off for fees. While World keeps their portfolio and doesn't sell on the street, they do require good credit. If you don't wish to post the response on the board, then you can email me off-board and I will try to answer questions and direct you privately. fla-tan
I have never heard of getting a mortgage without a "mortgage report", that is a tri merge pulled from all 2 cra's. What state are you in? The person that I had for a loan officer, put my rental references on my credit report and I think that that helped quite a bit. I secured an FHA though. Are you trying to go conventional?
I had a 120 day late on a mortgage with countrywide... They raised my mortgage from 2500 to 3790, pretty much overnight... They said my interest went up and tax's were not paye on the property, which they were... I also have 3 collections, 1 30 day late, and 2 60 day lates, all accounts are current right now...
HuriKane Are the 3 collections open or paid? Also, how old are they and what are they for? When was the 120 day late and when were the 30 and 60 day lates? What may be the most damaging is the 120 day late on the mortgage. Did countrywide provide you with advanced notice of the interest rate increase as they are required to and can you document that the taxes were paid? Sorry for so many questions, but the answers are critical to helping to provide direction. fla-tan
You might try championmortgage.com They are a division of Key Bank. Champion gave me a mortgage when most everyone else declined...scores in the low 500 range, 7 collection accounts, late pays, delinquent real estate taxes. They did insist I pay all the collection accounts(except medical) out of the proceeds of the loan. I included a restrictive endorsement to remove the derog...along with the checks..hehe...worked! Terms were 30 year 8%, with the option to refinance after 1 year with no fees. Only out-of-pocket expense was the appraisal fee, $300.00 They may overlook the Countrywide late. Countrywide seems to be of bad reputation in the mortgage industry. (stay away from Ameriquest too. the offer I got from them was obscene. ) Radi8
