Disputes on Credit Report and Kentucky Mortgage Loan Approval?
Applying for a Kentucky Mortgage Soon?
Don't Dispute that Account
Sounds counterintuitive, I'm sure ...
But until you've talked to me (or your own local Mortgage Originator), don't even think about disputing an account found on your Credit Report.
Why? Unknowingly, you can be creating real problems for your Mortgage Application and Approval.
Consider this: A creditor can refuse to change their disputed rating. Too many disputed accounts on a Credit Report may result in your loan being denied.
Is that a really a risk you want to run at such an important time?
A formal dispute placed on a car loan, student loan, credit card, collection ... or even worse, a mortgage loan ... can cause havoc for your new Mortgage Application. So ...
Slow down. Contact me ... and let's talk. We'll analyze all your options and see what action is appropriate and in your best interest.
What is not commonly known: Credit Bureaus and Automated Underwriting systems now reflect an evolution that has taken place over the last few years regarding credit disputes.
Both the Bureaus and Underwriting systems have been re-worked to recognize disputes as a negative impact and rating on a Borrower's "approvability" or "credit-worthiness".
But these changes have taken place without much fanfare and public recognition. And because of that, hopeful Borrowers have all too often b
