Credit Score to buy a house: Everything you need to know

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…

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Does The Real Estate Market Stop During The Holidays Season?

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…

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Credit Enhancement and Protection Tips This Holiday Season

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…

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Fire and Carbon Monoxide Safety this holiday/winter season

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…

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Pros and Cons of Reverse Mortgage Loans

For those who have followed me over the years or have heard me on the radio you know that I LOVE reverse mortgage loans, but there is so much negative baggage attached to this amazing loan program. These are the top six reasons I LOVE reverse mortgage loans; Enables experienced homeowners to pay off their…

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Great NEWS for first-time homebuyers.

Attention all first-time homebuyers, which is anyone who has not owned a home within the past three years, I know that doesn’t make any sense but I don’t make the rules. If you are a first-time homebuyers at or below 100 percent of area median income (AMI) and below 120 percent of AMI in high-cost…

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