How to Increase Your Client's Credit Scores in Less Than 72 Hours
Success Story #1:
Mr. Rodriguez, the buyer, had a loan approval and was scheduled to close escrow. Ten days before escrow was to close, his lender re-pulled credit and Rodriguez’s scores had dropped almost 80 points. A minimum FICO was required of 680 and the new mid score was 598. Mr. Rodriguez could not get the loan he wanted and the real estate purchase transaction was about to fall apart. Rodriguez was instructed to pay down the balance on one credit card. One collection account was deleted from each credit repository through the efforts of GoCreditScore.com acquiring the proper documentation. A Rapid Rescore was completed and the FICO score climbed to 684. The process took 72 hours. The escrow and loan closed on time. The agent was excited to help his client and still collect his commission.
Success Story #2:
Mr. and Mrs. Dost found a home to purchase for retirement through their Realtor. In order to qualify for the loan, both buyers had to demonstrate a mid FICO score of 620. On March 19, 2008, the Homecomings Financial pulled the credit report. Mr. Dost had a 540 mid credit score while Mrs. Dost had a 581 mid credit score. The Dost’s mentioned to GoCreditScore.com they paid down some credit card debt but it was going to take 30 days for the credit bureaus to update the accounts. GoCreditScore.com completed a Rapid Rescore to update the account balances and within 72 hours, the husband had a 620 and the wife had a 621. This allowed the happy couple to open escrow on the dream retirement home, get loan approval and get moving quicker toward a smart retirement plan. The Real Estate Agent was happy to bridge the gap to her commission check through GoCreditScore.com.
Success Story #3:
A mid credit score of 608 was holding Mr. Cane back from loan approval because a minimum credit score of 620 was required to close the transaction. He had two incorrect paid collection accounts reported on his credit report. GoCreditScore.com performed a Rapid Rescore on these accounts and had them corrected and the new score changed to 649. He was able to get loan approval within 48 hours. Every Real Estate Agent who works with GoCreditScore.com knows the value of this speedy result.
Success Story #4:
Mr. Serrano needed a minimum mid FICO score of 620 to get loan approval for his refinance transaction. On March 27, 2008, the credit repositories reported a mid FICO score of 605. The borrower was instructed to pay down three credit cards. GoCreditScore.com initiated a Rapid Rescore and his new score, in less than 24 hours, was updated to 640. This allowed Mr. Serrano the opportunity to obtain the loan he wanted and complete his refinance.
When you find your buyer in a bind to close, scores are low, and your lender is tightening up underwriting guidelines, please, call in to talk with one of our credit consultants today at 877-300-1262. GoCreditScore.com welcomes you to help your client improve their FICO score in order to get the loan to close your deal. You’ll soon learn that GoCreditScore.com has the best credit score improvement talent in the credit industry!
| 
