Robert H's (northcarolinamortgage) Blog

I havent been on ActiveRain for very long, but I have noticed that there are a lot of blog comments with HUGE SIGNATURES!Most people start a blog to advertise their name, brand, face, products, etc.It's kind of rude to advertise your face, products, company, etc on the BLOG COMMENTS.Blog comments...

A lot of Realtors aren't aware of the lowest credit scores used by FHA approved lenders. This is very important as most loan officers will decline a borrower with a 400 credit score. If the mortgage broker has a lender that 'manually underwrites' their FHA loans, then they will have a good shot o...

Rapid Rescore is the expedited credit dispute process which is used by mortgage brokers, and lenders. Normally, dispute processes can take 30-45 days, but a Rapid Rescore can be done within 72hrs. The mortgage broker submits supportive documentation to a 'credit provider' in which they submit it ...

Today, I will cover why it's important to strategize your self credit repair disputes in order to have a successful outcome. Not many borrowers are aware that deleting negative items on your credit report can hurt your score. One of the main factors in a credit score is the 'credit history'. Whet...

Most self credit repair disputes are resolved in the borrower's favor, and nobody can figure out why. Consumers dont realize that it cost money to report, dispute, re-report, validate, etc for a Creditor. Creditor's are businesses that extend credit to borrowers for mortgages, credit cards, auto ...

This will be bad news for self employed borrowers who like to make a lot of deductions on their tax returns, and are looking for a Mortgage North Carolina. Most realtors are 1099'ed, and this will not be good for those looking to purchase/refinance their homes.I'm placing this post because not ma...

It seems like the market is dropping lenders like a bad habit!It's really bad for those who are losing their jobs in this market.It's becoming harder and harder for a Loan Officer & Realtor to survive in this market.The worst part of it is that most employees received no indication that their com...

How can a Realtor determine which Loan Officer is right for his/her book of business?Is it the one that buys you lunch? Maybe. ;)  The one that offers new sales tactics to build your book of clients? Plus.  Offers to 'help' pay for future ad? Plus. There are few 'smart questions' that every Realt...

These are a couple of first time home buying programs that can assist borrowers with their first home. These programs have different requirements, and can be beneficial to bad credit borrowers, no money down, low credit score, no credit score, and borrowers who just acquired a full time job. MyCo...

There are a lot of professionals that are misinformed of what credit score is used in a mortgage transaction.This applies to MOST conventional/conforming mortgages. ALT-A & SubPrime have other guidelines, but may have also gone extinct.Husband has 600 640 630Wife has 720 710 750Husband makes 50,0...