repair is a difficult, time consuming endeavor -- but there is hope!.
Also information on credit reports,
mortgage calculators and
shopping for a home loan
How do I repair my credit?
To dispel any myths, there are no quick fixes to repair credit. Credit repair requires time and money. Nearly everyone has items on their credit report which are not quite correct. Individuals can dispute these incorrect items. The credit reporting agencies such as Experian, Equifax and Trans Union then have 30 days to investigate the dispute. In many instances, for whatever reason, the dispute is not resolved within 30 days. In that case, the credit reporting company removes the disputed item from your credit report. This process is repeated over and over. It works, but it takes time and some money. It is highly recommended that work with a REPUTABLE professional. .
Great Homes in
Colorado has researched several companies and found that
Lexington Law has a great reputation and record of success.
Most engagements take 3-9 months, which really depends on
the amount of credit repair that is needed. Please click on
the banner below for more information on how to repair your
credit through Lexington Law.
What is a credit
report?. There are 3
companies that monitor your credit: Experian, Trans Union
and Equifax. Different mortgage lenders / mortgage
brokers use different companies. That's why it's
important to make sure you order a 3-in-1 credit
report. A 3-in-1 credit report will pull your credit
report from all 3 companies and pull all the data together
into one credit report. The price is usually
around $35.00. For your convenience, Great Homes in
Colorado recommends CreditReporting.com, click on the
banner below to order your 3-in-1 Credit Report for $34.90.
Because it's important to
safeguard the security of your credit report,
creditreporting.com will ask you many questions to assure
that you are who you say you are. Please be patient
and have your financial and loan records close at hand.
Additionally, if you have moved recently, changed jobs and /
or phone numbers, this information will most likely be
required as well. If creditreporting.com is unable to verify
your information, they will probably mail you the
report. However, in most instances your credit report
should be available for immediate download, printing and
Monthly Payment and Affordability.
Use our online mortgage
calculators to get an idea of how much home you can afford,
what your monthly payments will be and savings that result
when you pay just a little more each month to pay down your
SHOP FOR A MORTGAGE
When shopping for
a mortgage it's important to know that different lenders
have different programs and different rates. Just like
shopping for car insurance, it's important to shop around
for the best mortgage rates and terms. Great Homes in
Colorado has spent a considerable amount of time
researching various services that match homebuyers with
lenders and/ or mortgage brokers. We've concluded that
TheLoanPage.com does the best job of providing homebuyers
with the most choices for a mortgage loan.
Click on the
TheLoanPage.com banner below and fill out the short Mortgage
Quote Form. This information will be submitted
to lenders who provide mortgage services in your area.
They will provide you with a "customized mortgage quote"
based on your specific needs and situation. It's
simple and you are not asked for your social security number
or anything like that. Lenders in your area will
contact you via phone or email to see how they can help
finance your home purchase.