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Icon Mini Profile 07161958





Joined: 15 Oct 2009

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Post Posted: Thu Oct 15, 2009 8:10 am    Post subject: See details
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I have been trying to buy the house that I am living in now for over a year. My credit scores are low due to numerous inquiries about my credit. I am not behind on any of my accounts. What do you recommend I do?
Icon Mini Profile manoj_gopale
manoj_gopale




Joined: 16 Feb 2009

Posts: 488

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Post Posted: Thu Oct 15, 2009 8:25 am    Post subject:
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07161958

first step in your quest for buying home is credit repair.

Either hire any credit repair company to do that or DIY by purchasing any good e-book on the subject matter.

after getting good credit you can think about going for loan processing for purchase of a home.

keep in touch......
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Icon Mini Profile jveenstra
jveenstra
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Joined: 10 Nov 2008

Posts: 1256
Location: River Edge, New Jersey
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Post Posted: Thu Oct 15, 2009 10:36 am    Post subject: Credit
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Numerous inquiries on your credit report do lower your credit score, however, there has to be more than just inquiries that keep you score too low to do a mortgage.
Were there late payments in the past? Time will bring the credit scores up.
If you have credit cards with balances over 40% of the credit availble, try to pay them down under 40%

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John Veenstra, Sr Mortgage Consultant
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