SESSION # 3

Improve Credit Scores
So You Can Buy a Home in 2017!


NEWS FLASH:
Improve Your Credit Scores NOW!
2017 is a Golden Opportunity for those Who are Prepared!

I'm SO EXCITED about your future, that I have to encourage you to Improve credit scores NOW so that you can buy a home in the near FUTURE!

Owning your own home is a what God desires for you. Proverbs 22:7 says, "The rich rules over the poor, and the borrower is servant to the lender." When we are renters of apartments, duplexes and even houses we are servant to the lender, the owner, yes...the landlord.

God, wants you to own your own home so that you are the lender. Being a lender allows you to be a blessing to your family, friends and any one else that may be in need of your help.

In order to purchase a home, you MUST have good credit. Having good credit says a lot about you as a person. Yes, it increases your buying power, but it also reveals your integrity and character.

With a changing economy and bank lending guidelines, you have to improve credit scores. It has now become ESSENTIAL!

A couple of years ago, a borrower could get a home loan with a credit score of 550. Please be advised that a 550 is NOT considered a good credit score. However, sub-prime lenders (those that were granting loans to average credit score borrowers in exchange for very high or adjustable interest rates) took advantage of this group of borrowers..

Unfortunately, many of these borrowers are no longer in their homes that were purchased just 2 short years ago or they are in jeopardy of losing those homes today, because they can no longer afford the adjustable interest rates.

These same borrowers WOULD NOT have been subjected to the pressure and seduction of accepting a sub-prime loan IF THEIR CREDIT SCORES WERE HIGHER than 550. These lenders specifically targeted borrowers whose credit was average and in many cases below average.

There is SIGNIFICANCE in good credit (or your desire to improve credit scores). You are treated better, you have more options, you are able to make things happen. If your credit is not so good, you have to accept what is offered or accept nothing at all. There are no discounts, special privileges or incentives offered to borrowers with low credit scores.

Your credit score is a reflection of your ability to pay for the item that you want to purchase. It could be financing a home, a business, a car or financing your child's college tuition. If you think that you can just pay for everything with cash...THINK AGAIN. There are so many people that have great incomes, but have poor credit. Making the money without having good credit still causes borrowers to be denied for loans.

Think of it this way...just because you make the money to afford the monthly mortgage does not mean you will PAY the mortgage. They look at your PAST PAYMENT HISTORY to judge your integrity and willingness to pay. If you were not willing or able to pay past debt obligations and you had the money, why would they trust you to pay this obligation? In most cases they won't.

In this session, you will learn how to improve credit scores so that you can buy a home. The housing market is excellent for buyers. If you have credit challenges, don't get down on yourself. This is the season of PREPARATION. Your time will come around and you will be ready to redeem yourself by being able to purchase a home of your own. This is the time to educate and prepare yourself for the upcoming opportunity.

Don't miss what God is doing for those that believe they can own their own homes. Don't Wait! Improve credit scores TODAY!

YOU CAN DO THIS!


Improve Your Credit Scores to Improve Your Interest Rate

Did you know that if you improve your credit scores you will save money? How? Good credit scores equal lower interest rates which saves you money on your monthly payments!


Understanding FICO Credit Scores is Not a Mystery

Understanding FICO credit scores doesn't have to be a mystery. If you knew how your credit scores were computed, you would know how to prepare a strategy to raise your scores. Don't be left in the dark about your credit scores. Learn how the credit bureaus tally your credit scores!


What Are Good Credit Scores?
How do you know if you have good, average, or bad credit? What exactly is "Good Credit?" Learn how your credit scores measure up!


How to Repair Credit Scores to Purchase a Home (10 Steps)

You will need to have good credit in order to purchase a home. Despite what you may think, paying your bills on time for 3 to 6 months will raise your scores within that short length of time. Learn how to repair your credit NOW so that you will be ready to purchase your own home this year!


Calculate Debt to Income Ratio
Want to know how much home you can afford? Find out by learning how to calculate your debt to income ratio.


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