Real Estate Information Archive

• IMPROVE YOUR CREDIT SCORE
• Pay your bills on time.  Delinquent payments and collections can really hurt your score.
  
• Keep balances low on credit cards.  High debt levels can hurt your score.
  
• Pay off debt rather than moving it between credit cards.  The most effective way to improve your score in this area is to pay down your revolving credit.
  
• Apply for and open new credit accounts only when you need them.
  
• Check your credit report regularly for accuracy and contact the creditor and credit reporting agent to correct any errors.
  
• If you have missed payments, get current and stay current.  The longer you pay your bills on time, the better your score. 

Missouri Housing Development Commission has issued a new bond for First Time Homebuyers!  Even less than perfect credit will not hurt you from taking advantage of this tremendous offer!

For one to two people in the family, income cannot exceed $57,000 annually and for 3 or more people, income cannot exceed $65,550. 

The rates are 5.9% if you have some cash to put down on the house or if you prefer to borrow the 3% downpayment, the rate will be 6.35%.  These are outstanding rates compared to today's fixed rate loan at 6.125% 

Call Mark Widdicombe at Heartland Mortgage, a Sandie Hea Team preferred Lender! 314-512-8915 or 636-448-7858