I just read a great article by Jonathan Russell that details everything borrowers looking to purchase a new home or refinance their existing homes should read. There are many factors that go into determining a borrowers credit scores.  These factors include but are not limited to; credit mix, payment history, credit utilization along with collections…

This was the headline of a recent article published on 11/25/22 by Maurie Backman and I would like to share some of the highlights of his article. This year’s housing market has been tough for buyers. If you dropped out of the market this year, you may be thinking about picking back up next year.…

Below are the reasons it is always better to use your savings to payoff your debt and put less money down than it is to purchase a home with debt and having a large down payment. Paying off your credit cards will increase your credit scores and enable a borrower to secure a lower rate…

One of the biggest myths regarding real estate is nothing happens between Thanksgiving and the Super Bowl, which is nonsense. Realtor Lauren Dayton of Jameson Sotheby, real estate attorney David Schlueter and I had a great conversation regarding this topic on my show, Home Sweet Home Chicago which I think you will find interesting. Please…

Credit card and identity theft increases during the holiday season, because more consumers are out shopping.  I had Gary Novel, the foremost credit expert who has helped thousands of radio listeners and our borrowers enhance and protect their credit, on my show to discuss these topics.  The tips Gary provides during the interview apply to…

Temperatures have been dropping the past thirty days, which means most of our borrowers who live in Chicago and other cold weather states will be firing up their fire places.  It also means that snow and ice storms might knock out power and that people will be using generators to heat their homes. I recently…