When I first got into real estate, I was held up by paralysis of analysis. I spent one year and interviewed 200 tenants and 200 real estate investors. Imagine that—before I made one offer, I talked with 400 people! I learned a lot.
The credit reports a lender pulls up usually include reason codes. These codes provide data that help you to identify problems, such as who gave you a thirty-day-late rating or a missed payment that you really didn’t miss. Reason codes are an important tool for increasing your score by helping you correct inaccurate information. Click here to read more.. »
The three national credit-reporting agencies—Experian, TransUnion, and Equifax—are competing companies that assemble your credit information into numerical scores. A mortgage lender will usually get reports from one or more of these companies when you apply for a loan. Click here to read more.. »