Are you worried that an error on your Credit Report may stop you from closing on the house of your dreams? There is a little known fact that your mortgage lender has the ability to get errors fixed on your report in 36 to 72 hours.
Many of the independent credit reporting agencies that work with mortgage lenders have direct links to the top three reporting agencies. Part of the services included in these small, independent agencies is the ability to “rescore,” and work with the three CRA to raise your credit score.
Though it may seem insignificant to spend all that effort to lower your interest rate a tad, consider what a difference a couple of points will make on a 30 year loan. ■