Credit Scoring Secrets Exposed » Renting Real Estate http://creditscoringsecretsexposed.net Fri, 01 Apr 2011 20:11:32 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 what happens to my credit score AFTER I buy a house? http://creditscoringsecretsexposed.net/what-happens-to-my-credit-score-after-i-buy-a-house/ http://creditscoringsecretsexposed.net/what-happens-to-my-credit-score-after-i-buy-a-house/ #comments Wed, 14 Oct 2009 15:22:33 +0000 admin http://creditscoringsecretsexposed.net/what-happens-to-my-credit-score-after-i-buy-a-house/

spedtrap asked:


I closed on my first home on 03/04/009. Now I am in the habit of regularly checking my credit score. But I can’t help but wonder what the mortgage will do to my score. I think it will take a couple of months to see the change in score but in the mean time, I want to know what I can look forward to!

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]]> http://creditscoringsecretsexposed.net/what-happens-to-my-credit-score-after-i-buy-a-house/ /feed 4 Can I get a mortgage with my credit scores? http://creditscoringsecretsexposed.net/can-i-get-a-mortgage-with-my-credit-scores/ http://creditscoringsecretsexposed.net/can-i-get-a-mortgage-with-my-credit-scores/ #comments Fri, 31 Jul 2009 01:48:25 +0000 admin http://creditscoringsecretsexposed.net/can-i-get-a-mortgage-with-my-credit-scores/

samide2001 asked:


I am tired of paying $700 in rent. So, I am looking for houses to but that will hopefully give me a better monthly payment.

My question is: Can I get a mortgage for a $59,900 house with my credit scores being 620, 573, and 571?

My roommate – who would be moving with me – has excellent credit (way over 700) but no current employment. I have a great job that I have been at for almost a year and earn $34,000. My monthly debt is around $350 (not counting rent).

We have a $4000 down payment for whatever we do. I also have check stubs for the last 10 months of paying $700 rent.

We have to do something because our lease will soon be up. So, waiting for my credit scores to go up will not be possible.
My roommate would be on the mortgage with me. She is out of work because she went back to college full time. Before she started school she was with the same company for over a year and a half. She has student loans which – in the writing of the loan – states that she is allowed to use the loan for housing since she lives off campus.
I am currently working with a law firm that does credit repair, but do not have the time to wait for the firm to help build up my credit before I either have to move or renew my lease.

WILLIAM

]]> http://creditscoringsecretsexposed.net/can-i-get-a-mortgage-with-my-credit-scores/ /feed 8 Do apartment complexes you credit scores before leasing the apartment to you? http://creditscoringsecretsexposed.net/do-apartment-complexes-you-credit-scores-before-leasing-the-apartment-to-you/ http://creditscoringsecretsexposed.net/do-apartment-complexes-you-credit-scores-before-leasing-the-apartment-to-you/ #comments Fri, 17 Jul 2009 07:10:26 +0000 admin http://creditscoringsecretsexposed.net/do-apartment-complexes-you-credit-scores-before-leasing-the-apartment-to-you/

neelaicedragon asked:


I have been unable to make payments on 2 line of credit and 1 student loan. I have got a job waiting for me Aug 3rd but it means finding an apartment. Will a poor credit score keep me from getting a nice place?

CHARLIE
]]> http://creditscoringsecretsexposed.net/do-apartment-complexes-you-credit-scores-before-leasing-the-apartment-to-you/ /feed 3 How do apartments check credit scores? http://creditscoringsecretsexposed.net/how-do-apartments-check-credit-scores/ http://creditscoringsecretsexposed.net/how-do-apartments-check-credit-scores/ #comments Tue, 14 Jul 2009 09:21:15 +0000 admin http://creditscoringsecretsexposed.net/how-do-apartments-check-credit-scores/

Katie asked:


My fiance and I are looking for an apartment, I found one that I absolutely love and we took home an application. While filling it out I discovered they do a credit check, I checked my score and its excellent at 740. My finace did the same and it’s not so great…below 600. Will they combine our scores or deny us because his credit is so low?

CHARLES
]]> http://creditscoringsecretsexposed.net/how-do-apartments-check-credit-scores/ /feed 2 How do they determine your mortgage rate if you get a house with a friend? Do they average credit scores? http://creditscoringsecretsexposed.net/how-do-they-determine-your-mortgage-rate-if-you-get-a-house-with-a-friend-do-they-average-credit-scores/ http://creditscoringsecretsexposed.net/how-do-they-determine-your-mortgage-rate-if-you-get-a-house-with-a-friend-do-they-average-credit-scores/ #comments Mon, 13 Jul 2009 16:13:49 +0000 admin http://creditscoringsecretsexposed.net/how-do-they-determine-your-mortgage-rate-if-you-get-a-house-with-a-friend-do-they-average-credit-scores/

Ashley Z asked:


How do they determine your mortgage rate if you are getting a house with a friend not a husband? Do they average both of your credit scores?

JAMIE
]]> http://creditscoringsecretsexposed.net/how-do-they-determine-your-mortgage-rate-if-you-get-a-house-with-a-friend-do-they-average-credit-scores/ /feed 4 What qualifications should I request to lease a home to tenants with bad credit scores? http://creditscoringsecretsexposed.net/what-qualifications-should-i-request-to-lease-a-home-to-tenants-with-bad-credit-scores/ http://creditscoringsecretsexposed.net/what-qualifications-should-i-request-to-lease-a-home-to-tenants-with-bad-credit-scores/ #comments Thu, 09 Jul 2009 18:12:02 +0000 admin http://creditscoringsecretsexposed.net/what-qualifications-should-i-request-to-lease-a-home-to-tenants-with-bad-credit-scores/

CC asked:


I have a home for lease and some prospective tenants have bad credit score due to foreclosure on their home. They have stable jobs and claim they can afford the rent. In addition to 1 month deposit, would most landlords require additional deposits or would they ask to look at their bank account balance… What would the usual requirements be for a tenant to qualify if they have bad credit?

BEN
]]> http://creditscoringsecretsexposed.net/what-qualifications-should-i-request-to-lease-a-home-to-tenants-with-bad-credit-scores/ /feed 5 With credit scores of 575 and 650, can we be approved to buy a home? http://creditscoringsecretsexposed.net/with-credit-scores-of-575-and-650-can-we-be-approved-to-buy-a-home/ http://creditscoringsecretsexposed.net/with-credit-scores-of-575-and-650-can-we-be-approved-to-buy-a-home/ #comments Wed, 24 Jun 2009 12:24:06 +0000 admin http://creditscoringsecretsexposed.net/with-credit-scores-of-575-and-650-can-we-be-approved-to-buy-a-home/

mk asked:


My husband and I are planning on trying to buy our first home. Our credit scores definitely reflect some of our past mistakes and are wondering if this is going to keep us from being able to secure a loan.

HENRY
]]> http://creditscoringsecretsexposed.net/with-credit-scores-of-575-and-650-can-we-be-approved-to-buy-a-home/ /feed 5 How does a person get a home purchasing loan with low credit scores? http://creditscoringsecretsexposed.net/how-does-a-person-get-a-home-purchasing-loan-with-low-credit-scores/ http://creditscoringsecretsexposed.net/how-does-a-person-get-a-home-purchasing-loan-with-low-credit-scores/ #comments Wed, 17 Jun 2009 19:56:02 +0000 admin http://creditscoringsecretsexposed.net/how-does-a-person-get-a-home-purchasing-loan-with-low-credit-scores/

c_k_w_1967 asked:


I want to buy this two bedroom house and remodel and build on some additional rooms from my brother. Right now I am renting the house from him. I have very low credit scores due to some late payments on some credit cards a few years ago and some high student loans which are in deferment since I am currently enrolled in college yet. I want to buy this house or at least get a loan to add on two more bedrooms and a bath room but have no clue where to start due to my credit.

AIDAN
]]> http://creditscoringsecretsexposed.net/how-does-a-person-get-a-home-purchasing-loan-with-low-credit-scores/ /feed 5 How do married couples buy a house with two credit scores? http://creditscoringsecretsexposed.net/how-do-married-couples-buy-a-house-with-two-credit-scores/ http://creditscoringsecretsexposed.net/how-do-married-couples-buy-a-house-with-two-credit-scores/ #comments Tue, 26 May 2009 20:22:19 +0000 admin http://creditscoringsecretsexposed.net/how-do-married-couples-buy-a-house-with-two-credit-scores/

Kevin W asked:


I have a near perfect credit score. My girlfriend has a dismal credit score. If we were to get married and buy a house, do they combine our scores and created an average score to calculate our rate? I would like to use just my score for the best rate but be able to combine our incomes to buy a better hoiuse. Is this possible or common?

ALEXANDER
]]> http://creditscoringsecretsexposed.net/how-do-married-couples-buy-a-house-with-two-credit-scores/ /feed 4