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Flyer88's Avatar
 
Join Date: Oct 2004
Location: Dayton, Ohio
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Tell him to check out the FHA program. Otherwise he may qualify for the bailout that bush signed - would lock him in for 5 more years.

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Old 12-13-2007, 03:33 PM
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Rick Lee has some good advice. My question is what is bringing his credit score down so low? If he can afford the current payments (I didn't read every post), I would address the credit situation first...and THEN do the refi.

I mentioned this in another post but you would be amazed what can be wiped from the credit report. I have first hand knowledge of a score that got raised over 100 points by disputing EVERYTHING that's on there and then seeing what gets deleted.

That would be my humble advice. Start with the credit, then the refi...if your friend can make a couple (few) more payments under the current terms.
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Old 12-13-2007, 03:42 PM
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Thanks, he said he tried that and was rejected because of his credit. His situation is much improved and I think he's been on time for the last several months so a few more won't kill him if the guideline is 12 months clean.
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Old 12-13-2007, 03:42 PM
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lendaddy - see two posts above this one...
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We can share the women, we can share the wine - Jack Straw.

1970 911t w/3.0
1971 914 w/2.0
1987 300E
Old 12-13-2007, 03:43 PM
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Thanks, yea he's working on his credit and he can afford the payments but they hurt. I'm sure he'll be able to do something in a few months.
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Old 12-13-2007, 03:57 PM
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If he has a copy of his credit report, I'll ask my guy if he can look at it and ask what he can expect if he went the credit repair route. Free.

Let me know.
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We can share the women, we can share the wine - Jack Straw.

1970 911t w/3.0
1971 914 w/2.0
1987 300E
Old 12-13-2007, 04:05 PM
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Quote:
Originally Posted by TyFenn View Post
If he has a copy of his credit report, I'll ask my guy if he can look at it and ask what he can expect if he went the credit repair route. Free.

Let me know.

Wow, that's very generous i'll ask him tomorrow. Thanks Ty.
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Old 12-13-2007, 04:07 PM
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No problemo. I know many would do the same for the people on this board so, what goes around comes around.

I'll get his fax number and I'll post it here tomorrow and we can take it from there.
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We can share the women, we can share the wine - Jack Straw.

1970 911t w/3.0
1971 914 w/2.0
1987 300E
Old 12-13-2007, 04:11 PM
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Ok - the fax number is 310.207.5339

Telephone: 310.207.5333

He said just send it over...but I put the phone number too, just in case.
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We can share the women, we can share the wine - Jack Straw.

1970 911t w/3.0
1971 914 w/2.0
1987 300E
Old 12-14-2007, 09:59 AM
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Thanks, I told him to get me a copy but I'm not sure when that will be.

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Old 12-14-2007, 12:05 PM
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