Whitney Watson's (whitneywatson) Blog

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Mortgage and Lending - First Heritage Mortgage - NMLS #: 938761
Shannon Milligan wrote a great post on our exciting and never dull city of Richmond, VA.  Richmond has so much to offer in many aspects like real estate, social events, and history just to name a few!  How Do We Love Richmond, Oh Let Me Count the Ways Richmond Virginia has been receiving an amazi...
A Realtor recently asked why I will not issue a pre-approval letter before I have received all the supporting documentation.  She was curious as she works with a few different lenders and some require this and some do not. I explained to the Realtor that most of the time you are probably fine onl...
First Home Mortgage is honored to be a drop off location for Shannon Milligan with the RVA Home Team's Peanut Butter Drive.  FeedMore's mission is "to fight hunger in Central Virginia."  "FeedMore is Central Virginia's hunger-relief leader made up of the Central Virginia Food Bank, Meals on Wheel...
Why Do Credit Disputes Have to Be Removed Before My Mortgage Can Be Approve? This post has been a draft for almost a month, but I just couldn’t figure out the best way to present the topic.  However, at lunch with a few realtors yesterday, I heard a story that really highlights the importance of ...
Credit tip number 5 is to use caution when closing accounts. Closing an older account isn't always a good thing because it can cause your credit history to appear shorter and lower your score. If you're anything like me you found out the hard way (back in my college days) after you already close...
Credit tip number 4 is to create a budget and live within its limits. Credit should not be a source to live beyond your means. It is so easy to create a simple budget and it allows you to have more control because you track and see exactly where your money is going. 
Credit tip number 3 talks about having a mixture of different credit types to show that you know how to manage all types of credit. Outside of having credit cards to build credit, it shows great credit managing ability when you also have and installment loan, like a student or car loan.  
  Credit tip number 2 is to reduce your credit card balances below 30% of the credit limit on each credit card; reducing balances below 10% is even better. Credit card utilization has a very high impact on your credit score, so keeping balances low is key to building and maintaining a high score...
Part of my Facebook marketing is creating a series of tips on financial/mortgage issues. I finished a series on Avoiding Mortgage Sabotage a few weeks ago and just started my new series on Credit Tips. Tip number 1 is a crucial one to remind newer credit card owners holders of. I've heard severa...
Today I am thankful for a great friend of mine, Bridget. Yesterday she took her two teenage kids and my coworkers two children to go out for a day of fun. She said she'd love to take my daughter, Darby, along with them, so I took her up on the offer and Darby had a blast! It's the little things l...

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