Retail Credit Report vs. Consumer Credit Report

What's the difference between retail and consumer credit report scoring models?

Well, about 30 points on average.

Financial institutions use a retail credit reporting model, FICO. Banks, brokers, mortgage lenders, loan officers; we're bound by this model.

Non-Financial institutions use a consumer credit reporting model. Credit Repair, Credit Monitoring, and companies like Credit Karma use this (less expensive) report to show you your credit score.

The problem is that the score you think you...

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From: Colby Neal

Related topics : loan credit report / credit loan mortgage score / credit score loan home / home credit loan apply

How to Qualify for a USDA Loan When Your Credit Score is Under 620

http://www.USDALoanPro.com - Learn the necessary steps to take in order to qualify for a USDA Loan with low credit scores.

If you would like more details on the benefits of a USDA Rural Home Loan, please contact me for more details. Please feel free to comment, subscribe and like!

I help with Florida USDA loan qualifying, Texas USDA loan qualifying, Tennessee USDA loan qualifying and Alabama USDA loan qualifying.

Email: SeanS@MPLX.org

Toll Free: (800) 806-9836 Ext.280

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From: Metroplex Mortgage Services

Related topics : low credit score loans / credit score loan home

Credit Score Requirements for a USDA Loan

http://www.firsttimehomebuyerclassroom.com/

The credit guidelines for this home mortgage are simple, straight forward and very flexible. Don't get the idea that this is a bad credit mortgage because it is not.

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From: 1stTimeHomeBuyerClas

Related topics : home loan bad credit score

How To Finance A Car With A 650 Or Lower Score - GoSimplyPro Credit Consultation

Get Approved Now For An Auto Loan With A 650 Or Lower Score From A Local Bank Near You.

https://goo.gl/6PQDY2

Get My Free E-Book Here

www.gosimplypro.com/ebook

In this Periscope (@gosimplypro) recorded video, Certified FICO Professional and Approved Bankrate Partner Calvin O'Neal Russell Jr goes over How To Finance A Car With A 650 Or Lower Score.

This video is owned by GoSimplyPro Credit Consultation. GoSimplyPro Credit Consultation. GoSimplyPro Credit Consultation is a Chicago based...

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From: GoSimplyPro Credit Consultation

Related topics : auto loan rates based on credit score / credit score loan car

Texas Veterans and VA Home Loans

All you veterans looking for Texas VA loans bad credit can now look ahead to one of the leading VA loan consultants who can help you with the complex VA loan application process even if your credit score is low or if you have a bad debt in your name.

Visit here http://valoansfinance.com/states/texas-va-loans/ for more information.

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From: VALoansFinance.com

Related topics : va home loan bad credit / texas home loans for bad credit / va home loans / low credit score loans

No Prepayment Penalties For HARP Loans Sell Anytime

Home Affordable Refinance Loans do not have pre-payment penalties. You can pay off your HARP loan anytime. With property values down so low you may not have equity for many years. A Short-Sale may be your exit strategy. Home Affordable loans are a good solution for immediate lower payments. No credit scores required. Appraisals are waived for most primary homes.

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From: HARP2REFINANCE

Related topics : home equity loan refinance / affordable homes for sale

Here's the Scoop on Conventional Loans

Mortgages not backed by a government agency (such as FHA) are known as conventional loans. Such mortgages can have either fixed or adjustable rates, and usually require a down payment of 20% or more.

Since the loan isn’t insured by the government, the lender is essentially taking on a greater risk if you as the borrower were not able to repay the loan. Because of this, home buyers with low credit scores wouldn’t normally qualify for conventional loans; lenders need more assurance that the...

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From: FHAdotcom

Related topics : credit loan mortgage score / low credit score loans / conventional loan

Getting prequalified for a home loan

Bart & Tracey Tipton of Majestic Properties, Bakersfield's luxury home experts talk about the lending process with Kevin Gonsalves of Cornerstone Mortgage. Part 1 of 2. This video encompasses the steps to becoming prequalified for a home loan including VA financing, FHA financing, and the conventional loan qualifications. It talks about credit scores, debt to expense ratios, income requirements, and time frames for closing loans. A very informational lending video.

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From: Majestic Props-Tiptons

Related topics : home finance loan / credit score loan home / mortgage loan debt to income ratio / fha home loans / va home loans

Thinking About Building? Home & Business Construction Loans

Need a Home Loan in Texas?

Call 214-360-9000

Mike Anderson and his Mortgage Advisors are ready to find a loan that fits your financial needs and more importantly get you qualified.

If you have suffered a bankruptcy or foreclosure and have bad credit or a poor credit score, Mike's Mortgage Advisors specialize in helping people like you.

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From: Reliance Mortgage

Related topics : texas home loans for bad credit / home loan bad credit score / get a bad credit home loan / business construction loan / construction loans texas

Debt Consolidation Loans For Bad Credit

Payday Loans For Bad Credit link here http://goo.gl/dwbbLg or maybe Debt Consolidation link here http://bit.ly/1xb3OlO

Personal loans are a popular way to consolidate debt, or to pay for expenses you didn't plan for such as taxes due, education expenses, household repairs, medical debt, weddings, home improvement bills, moving costs, and all of those other things that life seems to have a way of throwing at us when we least expect it!

The advantages of personal loans? There are several....

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From: Shamilia Atrashkova

Related topics : bad credit debt consolidation loan / low rate loans with bad credit / get a bad credit personal loan / low credit score loans