Phoenix Mortgage Blog
Articles on credit and qualifying for buyers and homeowners across Phoenix, Scottsdale, the East Valley and the West Valley.
Medical collections under 500 dollars are no longer reported by the major credit bureaus, and the current mortgage scoring models weigh remaining medical collections far less than other derogatory accounts, so medical debt by itself rarely stops an approval.
Read the article →Nearly every mortgage approval starts with the same package: two years of W-2s or tax returns, 30 days of pay stubs, two months of full bank statements, photo ID, and documentation for any large deposit, gift or additional income source.
Read the article →Tell Jim what you are trying to accomplish. He will help you understand the numbers, compare your options and determine the right next step.