Credit Repair

It starts something like this with Future Score Financial. You receive your credit report and discover that your credit scores aren’t exactly what you were hoping for. In fact, they’re so low that you either can’t qualify for a loan, or the interest rate will be sky-high. So you decide to turn to a Future Score Financial to solve your credit woes.

Future Score Financial will typically evaluate your credit and ask you how many points are needed to get that loan approval or that lower interest rate. From there, they’ll do a diagnostic to determine which credit bureau is dragging your average down, and which needs to be rescored. Sometimes only one score will need to be rescored, though there may be cases when all three bureaus will need a rapid rescore.

This happens because the credit bureaus report different information from time to time, and if only one bureau has a negative mark that the other two aren’t reporting, you could have a large range in your credit scores, causing the average to dip significantly. That’s why it’s common to see credit score combinations like 620, 660, and 700 all on one credit report. It just goes to show how even one account can change your credit score dramatically.

So once Future Score Financial identifies the problem, they will determine what needs to be addressed with each specific bureau affected. It will then be up to the borrower to tackle the issues by either providing documentation or a letter of explanation to resolve any misreporting. Or the borrower may be instructed to pay off a large balance to increase the amount of available credit.
The credit fix will always be unique to the consumer’s situation, and will range depending on how many points need to be made up. It may be as simple as paying off a credit card balance, but could be as complicated as disputing a collection or charge-off with the original creditor. Keep in mind that not every situation can be resolved with Future Score Financial. And there are times when a desired credit score will simply be out of reach.

Once the credit fix is handled, a copy of the action must be sent to Future Score Financial so they can get it to the credit bureau in an expeditious fashion. Once the credit bureau confirms the documentation, the credit score change will be made in roughly 24-72 hours.

Mortgage Services

Experience The Peace-of-Mind of Knowing That Your Mortgage Loan is in the Hands of Experts! Whether you are a first time home-buyer, or refinancing – a home loan is a significant commitment of your financial resources, and nobody understands that more than your experienced team of loan specialists’ at Future Score Financial. Selecting the right mortgage loan program to buy a home may make a big difference in your monthly payments and the overall cost of your loan. Take the time to understand the differences.

First Time Home Buyer Loans:

Buying your own home is one of the most important decisions, and perhaps the biggest investment you will make in your lifetime. Buying a home can considerably alter your lifestyle so you want to be prepared as possible. Your professional Future Score Financial loan specialist will make sure you understand what is necessary to make the best possible home loan decision.

We will take the time to educate first time homebuyers on how to:

How to evaluate different mortgage programs.

How 15-year and 30-year mortgages change your monthly payments.

Differences between fixed-and adjustable rate mortgages.

Understanding how to evaluate different closing cost options.

First Time Homebuyer Programs Include:

FHA, CHFA, VA, & Conventional

First Time Home Buyer Programs with no money down.

Down Payment Assistance programs.

First Time Homebuyer Tax Credits

Understand why a good credit score is important when buying a house:

If you’re thinking about buying a house or a car, your credit score is a very important number. The interest rate you’ll pay for the money you borrow will be determined, in large part, by this three-digit number that’s generated from the information in your credit report. Most lenders have carved-in-stone rules about handing out the best terms, and those rules almost always place a major emphasis on your credit score. If their best rates are offered to borrowers with a score of 700 or higher and yours is a 698, those two points could cost you thousands of dollars.

Why choose Future Score Financial?

At Future Score Financial we have decades of experience in fixing our clients credit and supporting homeowners make the best decision when it comes to financing their homes. Contact one of our home mortgage loan or credit repair specialists to discuss how we can help uncover the best possible solution to meet all your needs.