credit score

[noturbizniss]

So the pre approval has two advantages; it's free and you get the desired real estate related hard pull.

I think your referring to

Get preapproved from someone online.  Have your realtor run a 3BM whatever.

You basically want a real estate coded INQ on each CRA.

Methinks one of us misunderstood. Sounds like you (David) read it to mean that the real estate INQ is a positive, but I read it to mean you want a real estate coded INQ on your CRA which will then enable you to get your FICO 04 scores from your realtor somehow. The INQ is still a hard pull which is at best neutral and at worst negative. I think someone mentioned 6 months before because most banks barely care about inquiries 6 months or older.

[David Smith]

I think your referring to Methinks one of us misunderstood. Sounds like you (David) read it to mean that the real estate INQ is a positive, but I read it to mean you want a real estate coded INQ on your CRA which will then enable you to get your FICO 04 scores from your realtor somehow. The INQ is still a hard pull which is at best neutral and at worst negative. I think someone mentioned 6 months before because most banks barely care about inquiries 6 months or older.

I read it to mean that having a mortgage inquiry will alert lenders to the fact that you are mortgage hunting and will have them send you pre approval offers. I'm not sure if this advice was in general, or if you have negatives on your report. I found this fascinating, as I've never heard of this before.

[noturbizniss]

I read it to mean that having a mortgage inquiry will alert lenders to the fact that you are mortgage hunting and will have them send you pre approval offers. I'm not sure if this advice was in general, or if you have negatives on your report. I found this fascinating, as I've never heard of this before.

not sure thats what he meant, nor why that would be a good thing? pre approval offers are basically meaningless AFAIK...

also - you posted same thing twice.

[David Smith]

also - you posted same thing twice.

Thank you for pointing that out. I deleted one of them. It wasn't posting, so I reloaded and tried again. It must've posted in the interim, resulting in a duplicate.

[newdealseeker]

The score that you get from Amex is not the one that we use for your mortgage rates. I don't know if there is a place that you can see that score before applying for a mortgage and having the bank pull your report.

To answer your original question, 746 is good but not the best. Anything over a 760 would be considered the best score.

If we're applying jointly and 1 spouse is 786 and the other 746 would that be better?
Thanks for the quick reply.

[PillanSmye]

Heres what I posted:

If you've ever had negative stuff like collections and stuff on your reports, you should do a fake mortgage app 6 months prior to your mortgage.  The CRA's offer collection services that companies subscribe to.  When you have mortgage INQ's appear, these send alerts to their subscribers and they try to nail you while your in the middle of your mortgage process.

Then I said, run an online preapproval, or have your realtor run a 3BM.

[David Smith]

Heres what I posted:

If you've ever had negative stuff like collections and stuff on your reports, you should do a fake mortgage app 6 months prior to your mortgage.  The CRA's offer collection services that companies subscribe to.  When you have mortgage INQ's appear, these send alerts to their subscribers and they try to nail you while your in the middle of your mortgage process.

Then I said, run an online preapproval, or have your realtor run a 3BM.

And if you have a clean record?

[PillanSmye]

And if you have a clean record?

Then don't pay attention to statements prefaced with " If you've ever had negative stuff..."

[David Smith]

Then don't pay attention to statements prefaced with " If you've ever had negative stuff..."

Is there any positive or otherwise effect to be had by this for people with clean records? Would you advise them to go the MyFico route instead to avoid the unnecessary inquiries?

[ayman]

If we're applying jointly and 1 spouse is 786 and the other 746 would that be better?
Thanks for the quick reply.

Won't help
Would depend on what all 3 of your scores are and all 3 ur wife's scores. The score used would be the lower of the middle 2 scores.

[newdealseeker]

Won't help
Would depend on what all 3 of your scores are and all 3 ur wife's scores. The score used would be the lower of the middle 2 scores.

Thank you. It's nice getting responses from an expert

[ya]

filed a dispute with the  3 CRA  11/25. 1 deleted it. Will the other 2 auto delete it after 30 days? Will i have to go back to them with a letter sayings its already 30 days so delete?

[David Smith]

filed a dispute with the  3 CRA  11/25. 1 deleted it. Will the other 2 auto delete it after 30 days? Will i have to go back to them with a letter sayings its already 30 days so delete?

What're you talking about? Give some more info, if you want meaningful responses.

[ya]

What're you talking about? Give some more info, if you want meaningful responses.

Filed a dispute on a negative item on my credit report with EX,TU EQ on NOV 25

EX deleted it right away. I have not heard back from EQ and TU yet. Will they delete it automatically on the 30th day?

[caliheat]

Filed a dispute on a negative item on my credit report with EX,TU EQ on NOV 25

EX deleted it right away. I have not heard back from EQ and TU yet. Will they delete it automatically on the 30th day?

Are you disputing a legitimate item or an incorrect reporting of an item on your report?
More details would be helpful.

[PillanSmye]

Filed a dispute on a negative item on my credit report with EX,TU EQ on NOV 25

EX deleted it right away. I have not heard back from EQ and TU yet. Will they delete it automatically on the 30th day?

They have 30 days plus 5 days for the mail back to you.

Many people report that if the disputes take the full 30 days, you have a good chance that your dispute will be successful.

Did you dispute online or via CMRRR? 

Did you dispute off your free annual credit report?  If so, they have 45 days to respond (plus 5 days in the mail)

[ya]

They have 30 days plus 5 days for the mail back to you.

Many people report that if the disputes take the full 30 days, you have a good chance that your dispute will be successful.

Did you dispute online or via CMRRR? 

Did you dispute off your free annual credit report?  If so, they have 45 days to respond (plus 5 days in the mail)

disputed online. using the free credit report number But both have a completion date of the investigation 30 days after i disputed.

[caliheat]

Many people report that if the disputes take the full 30 days, you have a good chance that your dispute will be successful.

IME, EQ takes the full 30+5 days to respond, even when unsuccessful..

[ya]

IME, EQ takes the full 30+5 days to respond, even when unsuccessful..

They responded to me twice within a few days and both successful

[caliheat]

They responded to me twice within a few days and both successful

I have disputed on 10+ separate occasions with maximum days..
I guess YMMV