Hey Kyle! Just wanted to say that my wife and I close on our house tomorrow and wanted to say thank you! Your videos were immensely helpful in understanding the process and staying level headed in this market. The only channel in this category that was enjoyable to watch and learn from. You’re the man!
Hello HALCYON! Thanks for taking the time to share your positive experience with me. I'm thrilled to hear that my videos were useful in helping you and your wife navigate the home buying process and feel confident in your decisions! Congratulations on your new home!
So true about myth number 6. I’ve talked about this with people and things I’ve seen growing up when my mother was alive. The domestic violence and financial abuse. People have no idea what you’re going through but yet they judge you.
My husband paid a credit repair company to get a lot of stuff off his credit and they did it! They made it possible for him to get a mortgage. This was in 2017-2018. He doesn't remember the company name.
So you mean to tell me I could of brought a house already! People always told me the perfect score gets you the house you want right now I have a 740 I have a full time job with the airlines im single no kids was aiming towards a condo but a house is a long term invest since I do want to have kids
Credit scores can definitely be overwhelming. Been trying to get my score up, especially being that between January and February I've paid the 2 that I have down to where on has a balance of only 29 dollars.
What about medical collections under $500? I thought they were supposed to automatically come off everyone's reports after Jan 2023? I still have 2 on my report. I paid a 3rd one off. The 3rd medical collection of $298 that was on my report, I paid it off in full. After paying it, I immediately filed a dispute (on Credit Karma) & stated that it was paid. It came off my report a couple weeks later & my score went up 28 points. Should I try the same thing with the other 2?
Thanks for the video! Do you know if FICO 8 or FICO 9 is being used currently? If it is FICO 8, do you know when lenders might move to FICO 9, if at all?
Experian: FICO Score 2 based on Experian data; also known as Experian/Fair Isaac Risk Model Version 2 Equifax: FICO Score 5 based on Equifax data; also called Equifax Beacon 5.0 TransUnion: FICO Score 4 based on TransUnion data; also called TransUnion FICO Risk Score 04
Hi I’m sorry if you already answered this question but I want to know can I buy a house with a former employer refusing to give me my w2 form? My current job has given me my tax forms but the job I ended in may 2022 has refused to give me access to my old paystubs and refuses to give my w2. Will this hinder my ability to get a Morgage?
Hey so I have like 5 accounts in collections. my credit is in the mid 500s and I want to buy a house at some point but I was going to wait until I settled all those accounts. Are you saying I shouldn't pay them off?
Hey Kyle, I actually plan on scheduling a call with you and the team soon. But, I'm curious if it's worth it on my end. Currently. I'm in between jobs. I start a new job within the next few weeks almost tripling my income from last year. Have you had any luck with a client who may have not worked a job for x amount of time? Or transitioned between jobs? Or maybe have been jobless for some months? Thank you for all of your videos. Seriously, you guys are excellent.
For sure! It depends on the job gap length, type of loan you’ll be using, and new pay type. If you’re going to be starting a new W2 salary job, that is the easiest. If you’re going to be starting a 100% commission job, that is the hardest. Especially if you have a job gap.
@@WinTheHouseYouLove Thank you!! The new gig is W2, 3 month gap between old job and new job. I work in the maritime industry, so I work for a few months and then off for a few months. New gig is a month on month off. Anyways, House is one a really good friend owns. But, I'll schedule with you guys once I get everything sorted within the next couple weeks.
You are wrong on the fact that too many inquiries won't hurt you. Anyone who has ever tried to apply for credit at various points in their life will get the "too many inquiries" denial message at least once. Just because its counted as one 3 point ding doesn't mean having 50 inquiries won't destroy your chance at other credit.
I think it’s important to note, you can only refinance if you have positive equity. With the housing market in decline that’s a risk that may not pay off for many years.
