If you need help in raising your credit score in order to buy a home, help has arrived. As a Phoenix Mortgage Broker with almost 20 years experience, I have learned how to beat the credit bureaus at their own game!

I don’t care how bad your credit is, I can help you. I have tools to help you establish credit, add tradelines, create a CPN, get guaranteed issue credit cards and remove negative items off your credit report.

For more information, visit my website HERE:

Many Arizona home buyers that come into my office are confused and frustrated when they find out that they are not able to get the low “teaser rates” they see advertised on TV and radio.  Why does that happen? Are these advertising practices deceptive?

Well, the answer is no, they are not deceptive.  The details are explained in very small print at the bottom of the page,  For example, if you want the lowest rate available you will need a 740 credit score putting 20% to 25% (varies by lender).  If you are applying for an Arizona FHA, VA or USDA loan, you will get the lowest rate with a 720 0r 740 credit score. (depending on the lender)

Several months ago mortgage lenders instituted changes to the minimum credit scores they would require in order to qualify for an Arizona FHA loan. Most lenders have raised their minimum scores to 620. Many have raised it to 640.  In addition, they have started to institute “tiered pricing” based on your credit score.

“Tiered Pricing” is a very simple process where you pay a higher interest rate with a lower credit score on an FHA loan.  Tiered pricing is actually a sound, fair and logical way to control loans going into foreclosure without penalizing people who have demonstrated a great history in paying their bills on time.

NOTE: Their is no minimum credit score required for an FHA loan by the Federal Government.  Lenders have the right to “overlay” FHA guidelines and create their own rules and guidelines.

So how do you get the best interest rates on an FHA, VA or USDA loan in Arizona?  Simple, raise your credit score!

Raising your credit score is not always that difficult.  I utilize a software program offered by Equifax, TransUnion and Experian to analyze my clients credit report that will tell us EXACTLY what needs to be done to each account and how many points it will raise their credit score!

So, what does that mean to a potential buyer?  The average lender would just inform a client of their score and begin the process.  I will run the analysis to determine what can be done to raise their score in order to qualify for the best interest rates on their Arizona FHA, VA or USDA loan.

The potential savings can be HUGE!  If you get an interest rate that is 1/2% lower,  your potential savings on a monthly basis can be $20 to $100.  And, $50,000 to $100,000 in payment and interest savings over the life of your loan.

Hiring a Lender and Realtor who will offer this type of service is VITAL to your success.

Are you looking to buy a home and want the best interest rates by improving your credit score?  GET STARTED here

DOWNLOAD a FREE copy of the 11 Biggest Mistakes People Make Managing Their Credit Score!

Have questions?  Call my office at (602) 291-4362