Business
Hot Topic in Real Estate - Mortgage Lending - Pre Qualification Letters and Credit Pulls:Does your Credit Score take a "drop off a cliff" every time its pulled?? What do you need to know about your Credit Score, and More!One of the other factors in getting pre-qualified or pre-approved is having good credit quality and that is going to help the lender to determine your likelihood that you'll repay the loan that they're going to be giving you to buy your Credit quality is based on your credit file and that often includes your payment history. Good and bad. This includes open lines of credit and how you utilize the existing credit that you have. That information is compiled into a score. And that is what our topic is going to be covering today. What is a credit score? How does it impact your lending ability?****How to improve your score…and more. Stay tuned!**** Guest Speaker: Today, we are joined by Bernie Doherty with Pike Creek. Mortgage and I'd like to have Bernie go ahead and introduce himself. Thank you very much for having me. I've been in the business 21 years. I've held titles such a senior loan officer, specialty lending director and business development manager. I was an instructor for the Delaware Association of Realtors for five years in which I designed and taught mortgage financing. And the credit course for real estate agents to obtain and maintain their license…Of all those, I have enjoyed actually being a loan officer the most. Every day is different and you get to help people accomplish a life goal, which is extremely rewarding.Bernie Doherty - Pike Creek Mortgage CompanyDirect: (302) 598-0136Email: bdoherty@pikecreekloans.comNMLS# 146770****************************************************************************About Kathy Blakey:I am licensed in Delaware, Maryland and Pennsylvania. As a CENTURY 21 real estate professional, I have local expertise and global connections. Contact Me For Buying or Selling ANYWHERE! Visit www.Relocate-Delaware.com for more information.See More at www.KeepingitrealINFO.com