Credit scores are one of the few critical criteria regarding better lending interest rates or qualifying for a home loan at all. In the mortgage business, these are both rate sensitive and time sensitive.
The latest hurdle in getting mortgage approval is to have all disputes on credit removed. If you believe that an error has occurred on your credit reports then it’s up to you to let the credit reporting agencies know about it. There are a number of ways to do this.
You can file your dispute online with each credit reporting agency, mail your dispute in the form of a letter, or if you’re lucky and can get someone from the credit bureaus on the phone or;
You can take the help of "Credit Repair", which has the good experience in guiding consumer to remove dispute codes.
Creditors utilize different procedures to remove an account from dispute. We make certain that the accounts are properly updated within 7-60 days after sending out a letter requesting the removal.
We offer the following other services:
* Debt Settlement Services
* Credit Restoration Services
* Loan Approvals
* Tax Liens
* Late Payments and other inaccuracies
We work to improve your scores and get them high enough so that when the dispute code status is removed, you may qualify for a home loan. If you simply do blanket disputes, you are going to risk not being able to get these out of dispute status because they were disputed too many times with the bureaus.
A large majority of mortgage lenders have adopted the practice of denying approval for mortgage financing if there are "consumer dispute statements" on the credit report.
This can be overcome by using the services of "Credit Repair" to have the dispute code removal from your credit report.