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prepair for a loan

by bengal on Jul. 17, 2015 in Real Estate

I am buying an apartment complex. there will be a hardmoney lender involved this will mean a pay off at the end of 12 months. My fica is Below 600 at the start of the loan.If the payments are made on time what will my chances be at a REFI? Thank you.


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EliteUnderWriting
Level 1
Joined: Feb 2016
Feb. 18, 2016

Hi Bengai,
We can help you run a few different "what if" scenarios regarding your FICO Score for your future refinancing and other R.E. purchases.

Please don't hesitate to email us with your contact info. and we will call you asap.  Every borrower's scenario's and present credit history are different and have many factors involved when the credit bureau's waive their magic wand and formulate your FICO Score.  In fact, each credit bureau has their own formula and use different factors from one another.  It gets a little tricky but we have plenty of seasoned underwriters with a wealth of knowledge from 1990 - present.

We look forward to your response and hope we can help you.  Oh and by the way, there are no contracts to sign and nothing you have to commit to.  We and our associates have been in business for over 30 years and have the tools needed to simulate different scenarios for you.

Best,

Elite Underwriting Dept.- CA
Elite2016Dept@gmail.com



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