Bad Credit Mortgage Loan - How To Get OneWritten by Carrie Reeder
A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through roof and plan on putting 10-20% down. But today, this is not case. There are many programs available today to help people who have recently suffered a bankruptcy or foreclosure to get a mortgage loan or mortgage refinance loan. There are two things to do if you are in this situation: 1. Get yourself a free copy of your credit report from all 3 major credit bureaus, look over everything, do you see any mistakes? Make sure everything included in your bankruptcy or foreclosure reports accurately on your credit report. Make sure those accounts involved in a bankruptcy or foreclosure are not showing something else like collection or charge-off.. That could make your score much lower than it needs to be. If you have a bankruptcy or foreclosure, you want everything involved to say so, so it is all under 1 circumstance, instead of many. You can dispute all errors on your credit report online nowadays. It takes about 15 minutes. You can do it right on website of Equifax, TransUnion or Experian. 2. Once you have checked your credit reports, apply only to places that submit your application to many lenders. Every time your credit report is pulled, it will knock your credit score down a little. If you apply to a mortgage service that will submit your application to many lenders, then you only have one credit inquiry and can receive offers from up to 4 lenders per application.
| | What the Tax Software Companies Don't Want You to KnowWritten by Stephanie Gallagher
Haven’t done your taxes yet? No problem. Now there is a new way you can use top tax software programs, like TurboTax and H&R Block, to get your taxes done quickly and easily. And best part is it won’t cost you a thing.The secret is an IRS program called Free File, that allows you to prepare and file your federal tax return electronically, using these and dozens of other popular tax software programs, for free! Free File has been around for a few years, but it used to have very stringent income requirements (i.e., only taxpayers whose incomes were below a certain level could use it). This year is first time service is being opened up to 99% of taxpayers. Important: You must go through IRS official web site in order to get this deal. Go to http://www.irs.gov and click on link at top of home page that says Free File. (Note: It’s not on navigation bar. It’s on home page itself.) Next, you’ll want to click gray button at bottom of page that says, “Start Now.” At this point, you’ll have option of browsing all of services offered or choosing to use “Guide Me to a Service” wizard to help you select one. The wizard will ask you a few basic questions about your age and income and then come back with a list of companies whose free products meet your needs.
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