For instance, just recently I had a new buyer pre-approved for a loan, and we discovered that he actually can not start looking for a home until early next Summer.  He had to correct a major derogatory item on his credit report beforehand.  I told him to please not feel defeated!      Then, I provided him with a template letter addressing all three credit bureaus along with supporting documentation.  Finally, I re-assured him that I am willing to wait and assist him along his journey to home ownership.  

 As a result of this scenario, I researched a recent and very useful article, entitled, “Win at the Credit Scoring Game” from CNN Money that I provided to my client and wanted to share with you as well.  The article provides excellent strategies to improve your credit rating, thereby further increase your chances at future home ownership sooner than later.  Check out:  http://money.cnn.com/2009/08/24/pf/credit_score.moneymag/index.htm

www.ClaudiaTringale.com