Forum Replies Created
-
AuthorPosts
-
December 20, 2007 at 10:56 PM in reply to: Free Pass to walk away from recourse debt on primary residence !!! #122089December 20, 2007 at 10:56 PM in reply to: Free Pass to walk away from recourse debt on primary residence !!! #122111
HLS
ParticipantSigned by president on 12-20-2007
Participant“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
Participant“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
Participant“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
Participant“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
Participant“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
ParticipantRUST,
Paying for your score through any agency will get you your “consumer” score. It is NOT necessarily the same score that somebody in the mortgage business will get when running your score for a loan purpose.
It is also possible that a score run for the purposes of an auto loan can be different.There is also a new scoring system that is being used that goes up to 900 or 1000 that nobody in the world cares about.
That’s what you may get if you pay.The standard system used for mortgages has a high of 850, (which is nearly impossible to have)
No mortgage lender will use the score that you come up with, they will need to run their own. Scores can change at any time.
Paying for a consumer score will give you an idea of where you stand, but that’s it. You really cannot accurately shop for a mortgage with a consumer score.
The advantage to running your own credit report is that it is considered a “soft” inquiry and shouldn’t affect your credit score.
Running a hard inquiry will be accurate, but could affect your score a few points, which should recover in a short period of time.I can offer to run a tri-merge report (all 3 bureaus) with mortgage scores for you for $30 for a single or couple.
I think that you have my contact info if interested.
ParticipantRUST,
Paying for your score through any agency will get you your “consumer” score. It is NOT necessarily the same score that somebody in the mortgage business will get when running your score for a loan purpose.
It is also possible that a score run for the purposes of an auto loan can be different.There is also a new scoring system that is being used that goes up to 900 or 1000 that nobody in the world cares about.
That’s what you may get if you pay.The standard system used for mortgages has a high of 850, (which is nearly impossible to have)
No mortgage lender will use the score that you come up with, they will need to run their own. Scores can change at any time.
Paying for a consumer score will give you an idea of where you stand, but that’s it. You really cannot accurately shop for a mortgage with a consumer score.
The advantage to running your own credit report is that it is considered a “soft” inquiry and shouldn’t affect your credit score.
Running a hard inquiry will be accurate, but could affect your score a few points, which should recover in a short period of time.I can offer to run a tri-merge report (all 3 bureaus) with mortgage scores for you for $30 for a single or couple.
I think that you have my contact info if interested.
ParticipantRUST,
Paying for your score through any agency will get you your “consumer” score. It is NOT necessarily the same score that somebody in the mortgage business will get when running your score for a loan purpose.
It is also possible that a score run for the purposes of an auto loan can be different.There is also a new scoring system that is being used that goes up to 900 or 1000 that nobody in the world cares about.
That’s what you may get if you pay.The standard system used for mortgages has a high of 850, (which is nearly impossible to have)
No mortgage lender will use the score that you come up with, they will need to run their own. Scores can change at any time.
Paying for a consumer score will give you an idea of where you stand, but that’s it. You really cannot accurately shop for a mortgage with a consumer score.
The advantage to running your own credit report is that it is considered a “soft” inquiry and shouldn’t affect your credit score.
Running a hard inquiry will be accurate, but could affect your score a few points, which should recover in a short period of time.I can offer to run a tri-merge report (all 3 bureaus) with mortgage scores for you for $30 for a single or couple.
I think that you have my contact info if interested.
ParticipantRUST,
Paying for your score through any agency will get you your “consumer” score. It is NOT necessarily the same score that somebody in the mortgage business will get when running your score for a loan purpose.
It is also possible that a score run for the purposes of an auto loan can be different.There is also a new scoring system that is being used that goes up to 900 or 1000 that nobody in the world cares about.
That’s what you may get if you pay.The standard system used for mortgages has a high of 850, (which is nearly impossible to have)
No mortgage lender will use the score that you come up with, they will need to run their own. Scores can change at any time.
Paying for a consumer score will give you an idea of where you stand, but that’s it. You really cannot accurately shop for a mortgage with a consumer score.
The advantage to running your own credit report is that it is considered a “soft” inquiry and shouldn’t affect your credit score.
Running a hard inquiry will be accurate, but could affect your score a few points, which should recover in a short period of time.I can offer to run a tri-merge report (all 3 bureaus) with mortgage scores for you for $30 for a single or couple.
I think that you have my contact info if interested.
ParticipantRUST,
Paying for your score through any agency will get you your “consumer” score. It is NOT necessarily the same score that somebody in the mortgage business will get when running your score for a loan purpose.
It is also possible that a score run for the purposes of an auto loan can be different.There is also a new scoring system that is being used that goes up to 900 or 1000 that nobody in the world cares about.
That’s what you may get if you pay.The standard system used for mortgages has a high of 850, (which is nearly impossible to have)
No mortgage lender will use the score that you come up with, they will need to run their own. Scores can change at any time.
Paying for a consumer score will give you an idea of where you stand, but that’s it. You really cannot accurately shop for a mortgage with a consumer score.
The advantage to running your own credit report is that it is considered a “soft” inquiry and shouldn’t affect your credit score.
Running a hard inquiry will be accurate, but could affect your score a few points, which should recover in a short period of time.I can offer to run a tri-merge report (all 3 bureaus) with mortgage scores for you for $30 for a single or couple.
I think that you have my contact info if interested.
ParticipantHave they talked to their landlord and explained the situation ?
I think that any landlord with common sense would rather have a clean vacant property to re-rent, rather than tenants that cannot afford to pay who are staying rent free.They aren’t leaving the state because of a mouse in their garage, are they ??
ParticipantHave they talked to their landlord and explained the situation ?
I think that any landlord with common sense would rather have a clean vacant property to re-rent, rather than tenants that cannot afford to pay who are staying rent free.They aren’t leaving the state because of a mouse in their garage, are they ??
ParticipantHave they talked to their landlord and explained the situation ?
I think that any landlord with common sense would rather have a clean vacant property to re-rent, rather than tenants that cannot afford to pay who are staying rent free.They aren’t leaving the state because of a mouse in their garage, are they ??
-
AuthorPosts
