Buying a Home with Poor Credit
Buying a home with poor credit: Qualifying for a new home has never been easier!
If you've ever wondered what you could do to improve your credit and strengthen your credit scores, we have some very good news. The Federal Savings Bank has an exclusive, in-house expert from Get Credit Healthy that understands the nuances of credit restoration and is ready to educate customers on how to improve their credit, better manage their financial situation,resulting in qualifying for their new home.What We Offer
- FREE credit evaluation
- We'll dispute incorrect reports on your behalf with creditors and credit bureaus
- Expedited program with results as soon as 30 days
- Re-establishment of new lines of credit without credit check
- Credit monitoring w/ true FICO scores at all three bureaus
- Unlimited access to FICO and FCRA advisors
- Personalized comprehensive credit evaluation and plan
- Identity theft restoration
- Debt verification/ validation
- Secure online portal for progress tracking
- Automated e-mail progress updates
- Educational e-newsletter subscription
- Educational webinars
Success Stories
Nick enrolled in our program on 9/6/2013 and had a middle credit score of 693. Nick had 3 negative items on his credit report and his banker indicated that a 720 credit score would be a dramatic help when it came to interest rate and cost of mortgage insurance. Nick had a closing date scheduled for 10/7/2013. A round of disputes went out from GCH and on 10/4/2013 a fresh credit was pulled and the clients middle credit score went up to a 764 and the file closed.Maria entered our program on 8/27/2013 with credit scores of 532, 504, 500. Among the negatives on her report were a total of 137 late payments and 14 collections. Maria was very motivated and was eager to be able to try and be in a new home before the end of the year. On 10/22/2013, Maria's scores were a 663, 642, 599 and 76 late payments had been removed along with 7 paid collections. Maria has already put in a bid on a home that was accepted. Her loan was approved through automated underwriting and she is now on her way to fulfilling her dream of being a homeowner.
Elliot enrolled in the GCH program on 1/31/2013 with a mid score of 708 and only one negative item on his report that was a thorn in his side (a charge off). After 2 rounds of disputes, that negative item was removed from all 3 credit bureaus and Elliot's mid score shot up to a 765 and he closed on his loan that May.
Matt enrolled in our program on 4/5/2013 with credit scores of 622,594,585. He had 2 fairly recent collections and 4 total late pays on his credit report. On 8/5/2013, his credit scores were 786,777,763. Both collections were no longer on his credit profile and only 1 late was reporting. Matt was ecstatic with the results.
Buying a Home with Poor Credit
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