Bad credit does not have to mean bad interest rates! We have a choice. Initially you need to know what your credit scores are so that you can have the power to negotiate the best possible rates for yourself. We recommend utilizing a free credit report option. Knowledge truly is power especially when making the single largest purchase of your life.

A good credit score also assists your loan advisor when they are shopping the wholesale lending sources they have access to when they help you to get a mortgage for your new home. Every wholesale rate sheet your loan advisor has access too has a key that shows extra “hits” or costs for credit scores that are lower. It is important that you know EVERY option to you before you choose your mortgage.

You need an advisor that will explain not only traditional financing options but non traditional ones such as Contract For Deeds, Owner Financing, FHA/HUD,
and many many others. You also need a loan advisor that will say, “not yet!” and recommend affordable credit counseling that will help you develop a plan for future financing.
At RLS we feel it is our mission to serve our clients with the truth in kindness and with wisdom based on over 30 years of combined experience in the mortgage industry.

We have the latest cutting edge technology and industry FNMA Desktop (DU) and FREDDIE MAC Loan Processor (LP) computerized approval software but not every one fits into the niche of perfect credit. There are no cookie cutter loans any more because life happens!

Some of our financial advisors were originating FHA loans before we had fax machines and car phones but have the sharpest minds in the industry. That is when we lean heavily on them as our experienced Senior Loan Advisors. If it makes sense to originate a loan and they can prove the four factors of loan approval they will champion a case for our clients with human underwriters and get loans approved others simply cannot because they do not have the knowledge to do so.
So go ahead and pull your own credit in the privacy of your own home and one of our experienced loan advisors will contact you as soon as possible to go through all of your own unique individual options available.