mortgage (13),, 1-888-883-3013


When trying to decide whether to use a credit union or a bank when applying for a credit card. There are a few factors to consider.


1.) With a credit union you are a member, or a stakeholder. With a bank you are simply a customer. Banks are for-profit institutions and their goal is to make money for the stockholders of the company. A credit union is not-for-profit entity and their goal is pass through the profits to the members. This comes in the form of added member benefits such as low fees and low rates.


2.) Its a misconstrued opinion that credit unions have limited branch and ATM locations. However, many credit unions belong to larger networks, such as the Credit Union Service Centers.


3.) Most credit unions offer credit cards just like a typical bank. What isn’t so typical are the exceptionally low APR rates they offer.


4.) Credit unions have many available ATMs, but they are also fee free! The average fee for an ATM is $2.33 and is on the rise. Now if you use your bank issued ATM card at a third party ATM, then you just doubled your fees. With a credit union ATM card, you can withdraw your own money fee free as long as it’s at a participating ATM. Even if you withdraw money from a third party, you may have to pay their fee, but most credit unions don’t charge for the transactions themselves. I’m too busy to walk into a branch office every time I want to withdraw some money, and I feel that I shouldn’t have to pay hefty fees when I do.


5.) At a credit union, credit cards, home equity loans, mortgages, auto loans, and personal loans all enjoy lower rates than you will find at a bank. At the same time, savings, checking, money market, and CD’s have higher rates. I don’t typically endorse putting any significant amount of your money into savings and CD’s as inflation tends to outpace them, however, most people feel more comfortable doing so and they might as well earn a higher rate!

Read more…, 1-888-883-3013

How do I get a mortgage with bad credit?

Being a homeowner is a great feeling.  You know you’ve made some progress in your life, when you’re no longer a renter but instead an homeowner.  However, many of us struggle to get the chance to own a home because we have bad credit.  

Now, you don’t have to be discourage anymore, because there are home buying programs and lenders willing to help you become a home owner even with bad credit.  Although, they may have a few extra criteria’s, you can buy a piece of real estate. 

With the FHA mortgage program, their criteria’s are fairly simple.  They would like for you to have a minimum credit score of 580, 3 to 6 months of paystubs, 2 years of taxes, and debt to income ratio of 35%.  They also want you to have a down payment of 3.5% of the mortgage value and you can even borrow that from a friend or family member.  Another nice thing about the FHA mortgage program, if you have relative living with you, they will include their income to help you qualify for that mortgage.

There are also conventional mortgages that also have become very flexible when working with new home buyers, such as allowing a home buyer to put 3% down on that house.   Also, they’ve made it easier for veterans to buy a home with no down payment.

So, can I buy a home with bad credit? The answer is yes, however I would encourage to fix your bad credit so you can get a lower interest rate.

Read more… 1-888-883-3013

Women Entrepreneurs, they wanna get into real estate investing, however they see it as a challenge.

I'm not excluding you gentlemen, but this here is mainly gonna be directed towards an overall, but mainly towards the women entrepreneurs to help them, just as well as the gentlemen, how to get into real estate investment, okay? And the first thing you have to do understanding that even though [01:32] ____... Number one, you have to have... You have to clean your credit, okay? And the reason that I say clean your credit, it's because even with hard money lenders, they're not trusting. Some of them, if you've been out there long enough, they'll deal with you. But if you're a newbie coming into the game, hard money lenders, they're gonna see what's on your credit. They're gonna look and see if you ever owned any type of real estate before. Because again, as I told you all before, your credit is your personality. Your credit tells a lot about you, whether it may be true or not, it does say a lot about you.

That's the reason that I try to encourage you all. First, fix your credit. And it doesn't take a long time to fix your credit. I know there's a lot of credit repair companies out here that have disappointed many of you with the credit process. That's the reason that, with our program, I implemented the escrow accounts. So, that way, it protects you as the consumer, as well as making sure that the job gets done. That means that you put that money in escrow, and the repair company cannot access that funding until they are able to show that they have cleaned the credit, at least between 75% to 80% of that credit. So, there's no way that you're gonna be taken advantage of, not if you're coming through my company, okay? And we have four different divisions that deal with credit, plus an in-house attorney, which is very good. 1-888-883-3013

Read more…

Short Sale Vs. Foreclosure

Know your options, Know your Realtor! The more we know the better decisions we can make!Issue- Credit ScoreOut come with Foreclosure- Your credit score may drop from 250 to more than 300 points. It will typically impact your score for more than 3 years!Out come if you Short Sale- After the sale, only late mortgage payments will show onn your credit report. The mortgage will be reported as paid or negotiated. Your score may drop as little as 50 points if you are current on all your other payments. A short sale can impact your credit for as little as 12 to 18 months.Do you know your lender pays all closing costs including loss mitigation negotiation and real estate commissions? Absolutely no costs are passed to the seller! Email me for details at LongRealtorInnovative Realty Solutions Group,
Read more…
As promised here is a peak at my latest Real Estate Blog the entire article can be found at Why Buyers Might Not Want to Buy a Short Sale:1) Sellers Paid Too Much.If a home sold for $500,000 a few years ago and is now for sale at $400,000, that doesn't mean the buyer is picking up $100,000 of equity for free. It means the seller paid too much in a rising market and now the market has fallen. It means the seller has no equity.2) Sellers Borrowed Too Much............ Bless.
Read more…
The Wrong Short Sale House Might Not Ever CloseWhen you spot a short sale house that interests you, take your hand off the mouse and step away from the computer. Before you get all excited over the prospect of buying that short sale house, pick up the phone and call your real estate agent. Your agent needs to research that short sale listing first.In some real estate markets, fewer than one in 10 short sales close. Just because that home is listed as a short sale doesn't mean it's really for sale (because it's subject to lender approval), nor does it .......the rest of the article can be found on my blog Bless
Read more…
Lately the question that everyone is asking “what will my lender need from me if I want to do a loan modification”. Well before any lender can recommend the most appropriate workout option, it is important that they have a complete understanding of your current financial situation. As part of this process most lenders will require the following documentation:You can read the entire article on my blog at : Blesed!
Read more…
THE MONEY MERGE ACCOUNT PROGRAMWhat would you do if you could build wealth and eliminate debt simultaneously, by putting your money to work for you? Would you take a family vacation? Start a college fund? Invest in real estate?United First Financial™ can help you achieve your financial goals through the strategic interest cancellation and wealth-building power of the revolutionary Money Merge Account™ program.You can save time and interest on nearly every debt you have. The key is to make your money work smarter with little impact to your standard of living. The Money Merge Account program calculates the fastest way to pay off your mortgage and consumer debt, and build a substantial savings nest egg based on your specific income, payments, living expenses and financial goals. You never have to guess which loans to pay off first, when to pay or how much extra to send.Contact:Tangela M. Davistdavis@trinitystrategicconsulting.com704-299-1195Directions to our Webinar event today:Event Time:Tuesday, February 3, 20097:00p - 8:00p MST (9:00 pm-10:00 pm EST)
Read more…

Buying a Home is a Process

Buying a home is not a spur of the moment decision. Taking time to prepare and doing the homework not only makes the process less stressful, but will make homeownership a pleasure.Getting OrganizedStart with a loose-leaf notebook and some sharpened pencils. Manilla file folders are helpful in organizing bills and other documents needed for loan applications. Having a business telephone directory on hand or access to a computer is a good idea. After making calls, record the phone numbers, contact name and a short note on the conversation in the notebook under a reference tab.Rent vs. HomeownershipFor some renting makes more sense than purchasing a home. The only way to determine this is by comparing the costs of homeownership to renting.In addition to mortgage payments (first and second mortgages) taxes and insurance (mortgage insurance and homeowner insurance) must be included in the owning a home column.The next items in the column should be utilities. For a home these include gas, oil, electricity, water, waste disposal (garbage pickup), and optional telephone and cable costs.Condominiums and Co-op FeesSome first time homebuyers decide to purchase condominiums or co-operative units because many of the utility and maintenance costs are included in the homeowners’ association (HOA) fees. Include these fees on the list and remember that all utilities may not be covered. Contact several homeowners’ associations to get an idea of what the HOA fee covers.Mortgage Credit CertificateThe Mortgage Credit Certificate program offers a federal tax credit for mortgage interest paid. Most states participate in this program. The credit can be used to increase the homeowner’s take home pay and offset the costs of owning and maintaining a home. Contact area real estate agents, state and county housing departments and employer payroll departments for information on this program. Deduct the amount of the credit from the cost of owning a home.Maintenance CostsMaintenance costs cover a wide range of items from lawnmowers to roof repair. Trees have to be pruned, lawns mowed, heating systems maintained, windows caulked in cold climates, broken pipes and windows replaced, leaky faucets repaired. Make maintenance costs an item in the homeowner column.Call local utility companies and work with a local real estate agent to establish a good estimate of these costs. Always go with the higher estimate.Home Improvement GrantsMany states and counties offer home repair and improvement grants to homeowners. Homeownership is a requirement for most of these grants. Knowing the eligible areas, property types, and grant uses will assist in determining if the grants can be useful after purchasing a home. Visit, and contact state and local housing departments for grant information.Intangible costsMortgage payments, utilities, maintenance and repairs are the tangible costs of owning a home. Intangible costs require another list that should include the following questions:Why do I want to purchase a home?Do I have enough time to maintain a home? (Not maintaining a home will decrease the property’s value.)Can I change a light bulb, mow a lawn, paint the front door, replace a lock, caulk a window, repair a faucet, trigger an electrical circuit, recognize mold or termite damage?Do I have a tool kit?Am I willing to make financial sacrifices if owning a home costs more than I am paying in rent now?What am I willing to cut back on financially to own a home?Will a major financial emergency (health, car repairs, or job loss) impact my ability to make my mortgage payment?Do I have a savings account?If I create a budget will I stick to it?If owning a home requires a lifestyle change, am I sure (as much as it is possible to be) I want to change for the long term?How often do I call my landlord to make simple repairs?The author, Yasmin Sabur, is the founding member of My Home Down Payment and, e-education businesses promoting affordable housing through mortgage down payment assistance programs for low-to-moderate income families.
Read more…

How to Turn Your Financial Troubles Around

Money worries have many different voices: “How am I going to pay my phone bill? My lights are almost two months behind. The rent is due. What are we going to do about the mortgage? We don’t have money for football uniforms. No field trip. That cost money. No, you can’t have that, it cost more than what we have in our budget. They’re coming to take the furniture back; our payment is overdue. The kid needs her braces removed but the dentist won’t do it unless we pay the rest of the money we owe. I’ve lost my job. I’m sorry, honey, they have downsized my position. If I want to keep my job I will have to take a cut in pay. How can I afford these child support payments? I can’t take this any more. What are we going to do?”A mind that is cluttered with money worries may be flooded with one or two or all of these thoughts at one time or another. Maybe you were there once in your life, maybe not. Most people with financial troubles are anxious, confused, angry, harbor feelings of hopelessness, insecurity, and uncertainty about future financial outcomes. Consequently, this state of mind affects everything, including work performance.It’s time for a financial assessment. Is your trouble because you have maxed out your credit cards? Maybe you have more month than money. Do you have medical expenses? Are you sick and can’t work? Have you lost your job, or been downsized? Where did the shortage originate?Once you have assessed where the problem lie, then you can look at remedies. Money troubles in plain simple English are not enough money to cover your present lifestyle. The causes may or may not be within your control.When the funds are low, the logical answer would be to make more but what most people do is fret about it. Some spend more time worrying about what they don’t have while others add on a second job.Money troubles are not going to go away without something changing. Worry will not make up the deficit but initiating a plan of action will.Step IMake a list of all of your monthly household livingexpenses: mortgage, rent, utility bills, etc.Step IIList Your Debts (creditors you owe)Step IIIList your entertainmentStep IVList miscellaneous (lunch, coffee, snacks, etc.)Step VWrite in how much you pay on each. Total thatamount.Step VIList your sources of income (job, spouse, etc.). Takethe total from this and subtract it from what you spend onhousehold, debts and entertainment. If that figure showsyou are not covering your expenses, look back at yourexpenses; see what you can eliminate from entertainment.Make a list of other areas you are expending money,such as lunch, dry cleaning, hair cuts, etc.Try taking your lunch from home rather than buying lunch. The average lunch cost about $7.00. That $7.00 for five days comes to $35.00 a week, totaling $140.00 a month. Imagine if you, your wife and children spent the same amount weekly,that would amount to a partial mortgage or rental payment.Take a look at your Debt. Began to work from the smallest to the largest. Take the money you saved from not buying, let’s say lunch, and redirect the total amount towards paying off the smallest debt first.As you pay off each debt, take that money and add it to the next smallest debt, working your way to the largest, until you have eliminated your debt completely. While you are doing this, examine your household budget.Look at how to eliminate some of your other expenditures; for example, if you have a high cell phone bill, you might want to exchange that cell phone for one with a more fixed rate. Maybe instead of hiring a lawn service, you could cut the grass yourself. Perhaps you might visit Barber or cosmetology trade schools to obtain these services at a reduced rate.Look at what you are already doing first to find the extra money. If you still need more to make up the deficit, then you might look at your skills and talents: start a home-based business. It’s something you could do as a family.Money troubles can be conquered, if you are willing to take a few extra steps. Don’t look at the impossible debt mountain, began the climb one step at a time. And, yes, it is okay to reward yourself along the way but keep in mind where you are headed. Don’t overdo it. Once your debt is eliminated, don’t spend the excess money; instead, add it to your future savings options.Understand that paying your debts down will not take place overnight but if you are consistent it will happen.Blondie L. Clayton is a Realization Strategist™, Publishing Coach, Author of several books, Freelance Writer, hosts of several radio talk shows online. Download your free debt free starter kit at
Read more…
Ok, I rose this morning (Thank you Jesus), got the kids on the bus by 6:30, received a few phone calls around 8'ish, ate a miniature Snicker's candy bar and a few chips and began networking......Well to start, my goal today is to enroll 3 people today into the service in an attempt to help them to restore their credit to its rightfull place, follow up with some customers that have gone through the process and offer them the opportunity to join our business. So far I have a 12 noon appt. and a 6pm appt and several phone calls to make in between, but I am on a mission today.I Plan on getting one recruit today as well.My mission: Help others while also helping myself. Put God first throughout the process and build an entire team that wants to go out and change the world.Point Blank: People need what our company has and I must to do today what others don't so I can have tomorrow what others won't!!!!!!!!!!!!!!!!!!!!!Dedicated to changing lives and creating a legacy,Credit RestorerIndependent Agent / National Sales to get my coffee!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Read more…
Well, here I am back at it again....loving what I do of course but wanting to get a cup of coffee. Anyway on to the reason for this blog.The importance of having a Business Building Philosophy is to build a network whereby recruiting never stops, therefore sales never stop, therefore income never stops. How many times have we all seen an "individual" come into an opportunity and generate numerous sales???? For me, I have observed this while they observe me RECRUIT! A person that can sale, sale, sale is gifted indeed at sales, no doubt about it.My point is that, with recruits (ie, multiple outlets and/or franchises) you can have others that will duplicate your skills if you train and mentor them. That is what our fearless leaders have taught us. Not only are they a walking billboard for success, but they also provide us with the same opportunities and mentorship every 2-4 months. You can experience this regardless of where you currently reside.We are not watching them from a podium in the back of the "Pepsi Center", but we are in the same room, taking notes and shaking hands with them.Success leaves footprints and I do not ever want to have to wonder "who moved my cheese". On February 13 & 14th, we will be at the fabulous Gaylord Texan Resort in Grapevine, TX. If you are interested in how you can build a true network by recruiting WIDE and field training DEEP, you should send me a message so we can get you ready for this HUGE and life changing event. Of course there is no better way to learn than by having a Valentine's day celebration at the resort at the end of the evening. Did I say, dinner, dancing, bringing out the formal wear and NETWORKING???Send me a message if interested and as always: Put God first in all that you do and pray over your business!
Read more…
The Debt Eliminator System is design to have you debt free, including your mortgage(s), in 1/2 the time, without refinancing, consolidating, making bi-weekly payments or spending any additional money.The average person using this system will save tens of thousands of dollars in unnecessary interest. Once you are debt-free, you will be taught how to turn your debt into investments to potentially become a CASH MILLIONAIRE.Principal: When debt becomes an investment, wealth is created!We are helping thousands of individuals by showing them how to free themselves of unwanted debt.Feel Free to listening in on Sunday nights at 9:00PM CST/10:00PM EST at (605) 475-6900 Pin 100101#Let us know you are on the call by announcing yourself as guest of H&B Fisher, in TexasContact
Read more…

Blog Topics by Tags

Monthly Archives