Here’s How The Credit Movement Will Help You Secure Lower Mortgage Payments
We specialize in Virginia Home Loan Approval. It’s all we do.
What does that mean? It means you are in the right place!
What you’re about to go through should be everyone’s first step when they need a new home loan.
Please note: Many homeowners are eligible for these programs, however funding is limited each year!
When you apply for a loan (Refi / HELOC / Mortgage) your lender is going go pull your credit. They use that to determine what your interest rate will be on the loan. This will cause a HARD inquiry on your report. A hard inquiry typically knocks several points off your score.
If you owe less than $356,362 on your mortgage today, there’s a good chance you qualify for the NEW relief program that just launched in Virginia.
Usually, there are items on your report that could be easily changed to improve the score.
If changed, they will lower your interest rate and save you money.
It’s not your lender’s job to know about these things though. That is what we do.
Close to 80% of the credit reports we look at have mistakes!
Usually, these mistakes are easy to correct, and the result is a Higher Score.
A higher score means a lower rate and big savings for you!
We’ll use a vantage report so you won’t get those point robbing credit inquires before or after you apply for a home loan. You’ll receive a step by step instruction on what you need to do in order to make your score jump so you can get the lowest rate available.
During these uncertain times with rising interest rates, it is more important than ever!
Get started today!
Few homeowners are aware of these new programs (started in April 2022).
These programs allow homeowners like you to:
Although this program may sound “too good to be true,” it’s backed by the government and built for ALL homeowners to benefit, not just those in critical need of assistance. In fact, if you have good credit, you could see even greater savings!
Millions of Americans have already reduced their mortgage payments using this program, so if you want to lower your mortgage payments and eliminate years off your mortgage, it’s crucial that you act now while this program is still available.
Want To See How Much You Can Save?
Homeowners who refinance with Freddie Mac’s Flex Modification can eliminate up to 20% off their monthly house payment. These numbers along with more benefits of the program can be found at: https://nationalfairhousing.org/wp-content/uploads/2017/09/2017-09-26_Fannie_Mae_and_Freddie_Mac_Flex_Modification.pdf
Homeowners who refinance from 30 year fixed mortgages to 15 year fixed mortgages can save up to $145,000. Further information for this can be found at http://www.nytimes.com/2011/08/21/realestate/exploring-the-15-year-loan-for-refinancing-mortgages.html
*TheCreditMovement.com is an independent professional loan preparation company. The services, policies and products that we present are from companies from which thecreditmovement.com has determined are most ideal for each unique situation. The Credit Movement cannot and does not present information about every service, policy, product or company available.Opinions expressed here are the author’s alone. The services, products, and offers that appear on this site are hand picked in each situation. All trademarks, logos, and service marks (collectively the “Trademarks”) displayed are registered and/or unregistered Trademarks of their respective owners. Mortgage Lenders are constantly changing their policies in your state to meet demand and manage risk. Example savings illustrated above are for demonstration purposes only and results will vary based on your individual qualifications which may be associated with your home’s loan-to-value, home type, city and state where the home is located as well as other factors including but not limited to credit scores, employment history, residency type and other factors.