Tag Archives: credit

how do loan officers use your like insurance payments for credit bureaus?

Posted on January 22, 2012 by

my loan officer asked for bills that we pay on time to show good payment history i was wondering how that would affect our loan if it shows that we have been late this is for a fha loan

Posted in loan officers | Tagged , , , , , , | 2 Comments

Will my bank do a credit check during the loan modification process?

Posted on July 22, 2011 by

I am trying to get my home loan modified. I am working with the bank and so far, so good. They have told me they do not run my credit for the modification. I am so far in debt; I … Continue reading →

Posted in loan modification processing | Tagged , , , , , , | 4 Comments

Can turbo tax be used for First Time Home Buyers tax credit?

Posted on June 4, 2011 by

I tried filing through the turbo tax free edition and I was not prompted for any information on the First Time Home Buyers tax credit. I did not process the filing because I was interested in this credit (no interest … Continue reading →

Posted in loan processing software | Tagged , , , , , , | 1 Comment

Anyone know were someone with bad credit can get a loan or grant to school to get training for a job?

Posted on May 2, 2011 by

I want to become a freight broker or and agent but don’t have the know how to do this job. I know I can go get the training for this job which only takes 1 week. I don’t have the … Continue reading →

Posted in loan broker training | Tagged , , , , , , , , | 3 Comments

What credit bureau do loan officers or underwriters look at to calculate a 620 credit score for a FHA loan?

Posted on April 24, 2011 by

There is Experian, Equifax and Transunion I have different scores for each, but which one do loan officers and underwriters look at to approve you for an FHA insured loan? Do they look at the highest, lowest or average?

Posted in loan officers | Tagged , , , , , , , | 1 Comment