Under federal law, Fair and Accurate Credit Transaction Act, you are entitled to a free copy of your credit report annually. You have a right to know what is on your report and the right to dispute inaccuracies.
Preparing to Buying a Home
At least six months before you start your home search, you should take advantage of this valuable free report. In today’s real estate market banks and mortgage brokers are much more diligent about processing loans than in the recent past. Therefore, it is very important to do this before buying a home to avoid delays or even a denial of your loan application.
You may also want to consult with your bank’s mortgage department where you have already established a banking relationship. Additional resources may be found in your local community. In El Paso Texas we have the El Paso Collaborative that manages the NSP (Neighborhood Stabilization Program) where homebuyers must attend a mandatory orientation class as well as homebuyer counseling classes.
Yvonne A. Russell, REALTOR®
RE/MAX Associates
10940 Ben Crenshaw, Suite C
El Paso, Texas 79935
CELL (915) 873-8646 | FAX (915) 594-9253
Russell-Realtor
El Paso Preferred Lenders
MLS El Paso
JD Power Survey-”Top Rate Real Estate Agent”
Preparing to Buying a Home
At least six months before you start your home search, you should take advantage of this valuable free report. In today’s real estate market banks and mortgage brokers are much more diligent about processing loans than in the recent past. Therefore, it is very important to do this before buying a home to avoid delays or even a denial of your loan application.
You may also want to consult with your bank’s mortgage department where you have already established a banking relationship. Additional resources may be found in your local community. In El Paso Texas we have the El Paso Collaborative that manages the NSP (Neighborhood Stabilization Program) where homebuyers must attend a mandatory orientation class as well as homebuyer counseling classes.
RE/MAX Associates
10940 Ben Crenshaw, Suite C
El Paso, Texas 79935
CELL (915) 873-8646 | FAX (915) 594-9253
Russell-Realtor
El Paso Preferred Lenders
MLS El Paso
JD Power Survey-”Top Rate Real Estate Agent”
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