Real estate loans in Dallas Credit Report and score info

Jay A Hendrick
Keller Williams Realty
18383 Preston Rd Suite 150
Dallas, TX.75252
214-336-7088
Voice/Fax: 972-248-5991
E-mail: jayhendrick@kw.com
Member: NAR TAR CCAR

Free Credit Report

Low credit scores in this mortgage market can prevent you from receiving a loan. Many time there are charges against your credit that do not belong there. You can, with out hiring a service, send a letter to the Complaint Department contesting the report. Keep in mind, if the filings are legitimate, the chance of having them removed is slim, and hiring an expensive professional service will not help. Building a Better Credit Report is something you should do ahead of any financing. If your credit is good, YOU are in control of the deal.

You may obtain a free copy of your credit report once every 12 months by visiting http://www.annualcreditreport.com or http://www.freecreditreport.com or by calling one of the three national credit reporting companies, toll-free:

Experian (888) 397-3742

TransUnion (800) 916-8800

Equifax (800) 685-1111

We recommend you remain vigilant and report any suspected identity theft to them and the proper law enforcement authorities, including the Federal Trade Commission. Please visit the FTC’s web site, http://www.ftc.gov/bcp/edu/microsites/idtheft, or call them at (877) 438-4338 to learn more about protecting yourself from identity theft, such as requesting a fraud alert.

Loan Savings Calculator

If you would like to see how your credit score can impact your monthly payments and the overall loan payoff amount, go to http://www.myfico.com/myfico/creditcentral/LoanRates.asp and plug in the pertinent information.

FreeCreditReport.com Annualcreditreport.com

CreditScoreQuick.com.

	Review Your Credit Report

Equifax P.O. Box 740241 Atlanta, GA 30374-0241 1-800-997-2493	Experian P.O. Box 2104 Allen, TX 75013-2104 1-800-311-4769	TransUnion P.O. Box 1000 Chester, PA 19022 1-800-888-4213

When buying a house it is critical to have good credit. These free sites will allow you to get a general idea of where you stand, and can be accessed free once a year without negatively affecting your score.

Real estate purchases generally require financing and getting a loan to buy a house depends greatly on how good your credit is.

REMEMBER, do not call a mortgage company to check your credit before you are ready to buy a house. Each time a loan related inquiry pings the credit reporting agencies, your score will drop. Checking credit scores your self will give you an idea of where you stand without impacting your score.

When you are defiantly ready to contact a real estate agent and buy a house, you will then need to pre-qualify for a loan.

Identity theft

If you suspect you might be a victim of identity theft, contact the three major credit bureaus listed below to place a fraud alert on your credit file. You also can order a credit report to identify any unauthorized activity.

Equifax 1.800.525.6285
Experian 1.888.397.3742
Trans Union 1.800.680.7289

If you are interested in purchasing a new home or selling your existing home, Call 214-336-7088 or e-mail me jayhendrick@kw.com.

We serve Allen, McKinney, Prosper, Frisco, Plano, Lewisville, The Colony, Sachse, Wylie, Murphy, Richardson, Carrollton, Flower Mound, Coppell, along with many other areas around DFW.