didier at diddy a mortgage we’re gonna
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speak about credit score and I’m gonna do a
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collection of credit so we’re gonna speak
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about having no credit score zero nothing so I
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had a younger woman she known as me up I had
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to go get a secured bank card and that
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secured bank card with the financial institution that
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she went to ask for $300 on that $300
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account I advised her to max it out the
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very first month 300 utilization completed
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paid off the following 5 months she was
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solely allowed to put $100 every month on
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that bank card and pay it off see what
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occurs is {that a} mortgage it takes six
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months for it to present up
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not beforehand now you may even see Credit
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Karma you may even see your bank card and
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it is displaying up however for a mortgage
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functions it is six months so in any case
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we’re going alongside we get to the six
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month and I pull her credit score report on
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October ninth and he or she has a 708 increase she
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bought accredited for standard bought
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accredited for FHA 3% down all day lengthy
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that is what I did so I simply need you to
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know that is how you have to do it now
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keep in mind when you’re taking a look at credit score
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Carmen these different locations it is not the
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similar as once we pull a mortgage it is a
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completely different on the credit score scores however
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they’re good as a result of it provides you a
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vary and on these completely different websites you
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can see the way it can construct up so I’m
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didier at didier mortgage present you how I
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bought one particular person with no credit score to a 708
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so for you first-time homebuyers or
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folks simply do not consider within the credit score
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and hasn’t had credit score and simply use your
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debit card that is what you need to do
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subsequent we come to speak about medical
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collections and the way we will leap up the
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scores hope you’ve loved this so we’ll
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speak to you subsequent week
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take care
