by Athena Paquette | Dec 3, 2016 | Blog, Home Owners, Investors, Realtors
Client applied for a loan with 593, 615 and 633 credit scores. In lending we use the middle of the three. With that rate the only loan I could find for $952,000 was a rate of 5.99% for a 7/1 ARM (meaning fixed rate that turns into adjustable) – yes with 30% down...
by Athena Paquette | Jul 22, 2016 | Blog, Home Owners, Investors, Realtors
This week I was able to help a client, who has been renting for 2 years, buy the house she is renting. Her landlord was going to put it up for sale but offered it to her first. She thought she couldn’t qualify, and so told her landlord unfortunately she couldn’t take...
by Athena Paquette | Apr 9, 2016 | Blog, Home Owners, Investors, Realtors
Client who was referred by 2 different people at work called me after 1 year of fixing his credit. I had given him 6 items to work on, on 3/3/15. This week he called and said he thought he was ready. His 548 middle credit score from last year is now 698; in fact 1...
by Athena Paquette | Feb 27, 2016 | Blog, Home Owners, Investors, Realtors
No credit, no loan. FALSE! I had a client who was referred by their Realtor, whom I have never met and works in the valley. The client told me that they had been turned down because they have no credit score. The banks claimed that because there was no credit score,...
by Athena Paquette | Nov 14, 2015 | Blog, Home Owners, Investors, Realtors
TRUE! There are loan programs that are available for people with blank credit reports. Even minimum down payment loans for people who want to buy. So don’t let a blank credit report stop you!