What if their home sells, but they cannot qualify to buy a new one!
I just spoke with a self-employed prospect that was concerned about his credit scores due to hard times in the 2008 – 2010 recession.
He has significant equity in his $600,000 current home and is ready to down size to the $350,000 range, now that his kids are going to college.
With scores are in the low 600’s, he has reason to be concerned.
But, after going through his application, reviewing his credit report and 1040’s, I was able to calm the fears and give them the confidence to move forward.
We came up with a plan that allows them to significantly reduce their housing expense and maintenance, re-capitalize home equity into investments and debt reduction and avoid burdening the kids with student loan debt.
Smart Realtors count on us to provide Solutions, every day!
The KEYS to your new home are within reach! Call us 1st to AVOID mortgage problems, Call us 2nd to SOLVE them!
J. SCOTT HARRIS | DIVISION VICE PRESIDENT & BRANCH MANAGER
NMLS ID# 375517 (www.nmlsconsumeraccess.org)
(M) 214.435.8825 | (F) 866.343.3688
firstname.lastname@example.org | www.goldfinancial.com | Pre-Qualify Now
885 E Collins Blvd Ste 110
Richardson, TX 75081
My Branch Closes FHA / VA & USDA Loans at 580+ in Texas, Oklahoma & Louisiana
Gold Financial Services is a Division of Amcap Mortgage, Ltd. NMLS #129122. Equal Housing Lender
J. Scott Harris is a Nationally Recognized Mortgage & Social Media Authority.