Medical Bills Are Coming Off Credit Reports - Rob Miller ProVisor

Medical Collections are coming off your Credit Reports!! This is GREAT NEWS about medical collections! Starting July 1, 2022, a lot of medical collections are being removed from credit reports. This will help people have a better credit score. If you have medical collections holding your credit scores down you should start monitoring this. One

Rob Miller ProVisor (VA Home Loan Requirements and Appraisal)

MINIMUM PROPERTY REQUIREMENTS (MPR’s) FOR VA LOAN APPRAISALS REQUIREMENTS FOR ALL PROPERTIES   Each living unit must have the space necessary to assure suitable living, sleeping, cooking and dining accommodations and sanitary facilities. Mechanical Systems must be safe to operate, be protected from destructive elements, have reasonable future utility, durability and economy and have adequate

Rob Miller ProVisor News Make a Bid on a New Home-New-Logo

In the housing market, the best deal doesn’t always come with the lowest price. Price vs. Payments: If you’re financing your purchase, you’ll probably never come close to paying the actual price. You’re making a comparatively small down payment and then paying interest on the loan until you refinance or sell. Yes, you will have

Rob Miller ProVisor News VA Home Loans-New-Logo

Veteran’s Administration or “VA” loans are available for active, non-active, and retired Army, Air Force, Marine, Navy, National Guard, and Coast Guard vets who meet the established service requirements. The most notable features and benefits for those who qualify are: 100% financing/No down payment No monthly mortgage insurance (PMI) Gift funds acceptable for closing costs

Rob Miller ProVisor Mortgage Do & Dont-New-Logo

DO: Availability – Keep your financial records close at hand in case updates are requested. Income – Be aware that underwriters typically verify your income and tax documents through your employer, CPA, and/or IRS tax transcripts. Hold onto new pay stubs as received. Assets – Continue saving incoming account statements. Keep all numbered pages of

Rob Miller ProVisor News Avoid Refinancing Traps

The Automatic Payment Trap It can take up to two weeks to have automatic payments canceled. If your payments are made this way be sure to turn it off before closing. You don’t want to pay for the same month twice! The Missed or Late Payment Trap Believe it or not, lots of people think

Rob Miller ProVisor News Ask The Expert

Ask The Expert | Rob Miller | ProVisor

The “Experts” Say… By ProVisor “Rates need to be 2% lower to justify refinancing.” Ever hear something like this and take it at face value? In the mortgage business, we hear recitals of old rules all the time. They often come from so-called experts, but frankly, there are times when their advice could lead you

Credit Score | Rob Miller | ProVisor

Credit Score By ProVisor Understanding the makeup of your credit score is the first step toward managing and improving it. As you might expect, payment history is the most influential component in your credit score, followed closely by the amounts you owe. To lesser degrees, the length of time you’ve utilized credit, the number of new accounts