CHAPTERS:
0:25 - Credit Score Myths Debunked
1:05 - Perfect Credit Score: Necessary or Not?
1:51 - Credit Card Application Timing
3:55 - Paying Off Collections Impact
What You'll Learn:
Myth vs. Reality: We tackle common misconceptions about mortgage credit scores, revealing the truths behind what lenders really look for.
Score Requirements: Discover that perfect credit isn't a prerequisite for a mortgage. Learn about the minimum scores for various loan types and how even a score as low as 580 can open doors to homeownership.
Strategic Credit Management: Understand why waiting to apply for a mortgage until after paying off debts might not be the best approach, and how our unique 'What-If Simulator' can help optimize your credit situation.
Why This Matters:
Your credit score is a key factor in your mortgage journey, but it shouldn't be a roadblock. This video aims to alleviate your concerns, equipping you with knowledge and strategies to approach your mortgage application with confidence.
🌟 Special Insights:
Gain insights into handling collections and how certain debts impact your mortgage eligibility. Whether you have no collections, small ones, or even significant medical bills, we explain how each scenario plays out in the mortgage process.
Empower Your Homeownership Dream:
Join us as we demystify the complexities of mortgage credit scores. This video is an invaluable resource for anyone looking to understand the nuances of mortgage credit and how to navigate them successfully.
Need Personalized Advice?
If you're seeking tailored guidance on your credit situation and its impact on your mortgage options, don't hesitate to reach out for a personalized consultation.
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Peter J. Metz
Mortgage Originator | Educator
Phone: 530-221-7700
Cell: 530-227-2476
Fax: 888-391-6869
Email: pete@vonmortgage.com
website: www.vonmortgag...
NMLS # 260571 | California, Indiana, South Dakota, Florida
Powered by OnQ Financial LLC. NMLS 5645 DBA Von Mortgage
The content of this video is for informational purposes only and should not be considered financial, legal, or investment advice. Any reliance on the information provided is at your own risk. Decisions based on this information should be made in consultation with a finance professional to consider your individual circumstances. Von Mortgage DBA OnQfinancial does not provide legal, tax, or accounting advice, and nothing contained in these materials should be taken as such.
Von Mortgage is a DBA of OnQ Financial. We are an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act.
NMLS ID:
260571
16 окт 2024
