Getting turned down for a loan because of your credit score can feel like a full stop. But at our office in Tempe, we don’t stop there. If you’re a first-time homebuyer with less-than-perfect credit, we’re not focused on what went wrong. We’re focused on what we can fix. Our job is to help you […]
One of the first questions I hear from new buyers is: “How long will it take to fix my credit before I can buy a home?” The honest answer is, it depends. Everyone’s situation is different. Some people are starting with no credit at all, while others are recovering from collections or late payments. The […]
Why Zero Is Not The Goal Many people think paying off all their debt is the best way to fix their credit. The truth is, zero times zero is zero. If you pay off every account, you leave no activity for credit algorithms to measure. Your score can stall or even drop. Lenders want to […]
One of the biggest fears people have when thinking about buying a home is credit. Maybe you’ve had a late payment here or there, or you’ve got some old collections you’d rather not think about. A lot of people assume their credit isn’t “good enough” to qualify for a mortgage—but the reality is, you might […]
Your credit score is a huge factor when buying a home, and collections can have a serious impact on where you stand. If you’ve got a collection on your credit report, you might be wondering: “How bad is this?” or “Can I still get a mortgage?” Let’s break it down so you know exactly what […]
When it comes to qualifying for a home loan, your credit score plays a big role. A higher score not only makes it easier to get approved but can also save you thousands in interest over the life of your loan. If your credit needs a boost, the good news is there are strategies you […]
Thinking about buying a home but worried about your credit score? You’re not alone. Many people believe their credit situation is a roadblock to owning a home, but here at Ramon Espinoza Home Loans, we don’t say “no,” we say “how.” One way we help is by offering free credit repair to our clients, a […]
