720 Credit? Here's a little help!

How can I make corrections to my credit report?

If you find something wrong in your credit report, you should dispute it.

Under the Fair Credit Reporting Act (FCRA), both the credit reporting company and the information provider (the person who you have an account, company, or organization that provides information about you to a credit reporting company) are responsible for correcting inaccurate or incomplete information in your report. 

If you find a mistake in a report from a credit reporting company, you should contact, in writing, both the credit reporting company and the company, that provided the information to explain what you think is wrong and why:

• Provide your complete name and address, telephone number, credit report confirmation number, and account number for any account you are disputing.
• Explain what information you think is inaccurate, clearly identify each mistake, explain why you are disputing the information and request that the information be deleted or corrected.
• Include copies (NOT originals) of documents that support your position. You may want to enclose a copy of your credit report with the items in question circled.
• Send your letter by certified mail, return receipt requested, so you have a record that your letter was received.
• Keep copies of your dispute letter and enclosures.

Credit reporting companies must investigate the items in question.

This is usually done within 30 days unless they consider your dispute frivolous. They also must forward all the relevant data you provide about the inaccuracy to the organization that provided the information. After the information provider receives notice of a dispute from the credit reporting company, it must investigate, review the relevant information, and report the results back to the credit reporting company. 

If the company corrects your information as a result of your dispute, it must notify all of the credit reporting companies to which it provided the wrong information, so they can update their reports with the correct information. 

When the investigation is complete, the credit reporting company must give you the written results and a free copy of your report if the dispute results in a change. (This free report does not count as your annual free report under the FACT Act.) If an item is changed or deleted, the credit reporting company cannot put the disputed information back in your file unless the information provider verifies that the information is, indeed, accurate and complete. The credit reporting company also must send you written notice that includes the name, address, and phone number of the information provider.

If you request, the credit reporting company must send notices of any correction to anyone who received your report in the past six months. A corrected copy of your report can be sent to anyone who received a copy during the past two years for employment purposes.

How to submit a dispute to the nationwide credit reporting companies

To submit online, by mail, or by phone, use the following contact information:

Equifax 
Online: www.ai.equifax.com/CreditInvestigation
By mail: Click here to download the dispute form 
Mail the dispute form with your letter to:
Equifax Information Services LLC
P.O. Box 740256
Atlanta, GA 30374
By phone: Phone number provided on credit report or (800) 864-2978

Experian 
Online: www.experian.com/disputes/main.html
By mail: Use the address provided on your credit report or mail your letter to:
Experian
P.O. Box 4000
Allen, TX 75013
By phone: Phone number provided on credit report or (888) 397-3742

TransUnion 
Online: www.transunion.com/personal-credit/credit-disputes-alerts-freezes.page
By mail: Click here to download the dispute form 
Mail the dispute form with your letter to:
TransUnion Consumer Solutions
P.O. Box 2000,
Chester, PA 19022-2000
By phone: 800-916-8800

If you are dissatisfied with the resolution

If an investigation doesn’t resolve your dispute with the credit reporting company, you can ask that a statement of the dispute be included in your file and in future reports. You also can ask the credit reporting company to provide your statement to anyone who received a copy of your report in the recent past. Expect to pay a fee for this service.

You also have the option of submitting a complaint to the Consumer Financial Protection Bureau. To do so:

• Go to: http://www.consumerfinance.gov/complaint
• Select the icon labeled "credit reporting"
• Complete and submit the online form
• If you suspect that the error on your report is a result of identity theft, visit the Federal Trade Commission’s Fighting Back Against Identity Theft website for information about identity theft and steps to take if you have been victimized. This will include filing a fraud alert and possibly filing a security freeze.

The Passion of Blog!  Be Empowered!  

Want to see where your credit stands?  CLICK HERE

Specialists in SEC 184 Native American Loans, Jumbo Loans, Zero Down Loans

Wishing for the best in 2014?  Check out the 2014 WISH MACHINE  --  IN ACTION

7 Reasons to Own Your Home

7 Reasons to Own Your Home

Good information from Realtor Magazine 

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.

2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®.

In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5. Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.

6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.

7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

Online resources: www.mortgage-mates.com

To see how much you qualify for:  CLICK HERE

Jumbo loans also available.

The Passion of Blog!  Be Empowered!

Where are they going?

Where are they going?  I love sitting on my deck on the Red Hawk golf course in Castle Rock , Colorado looking north toward Denver and at any one time I can count 20 or more airplanes in the air.  Some are jumbo jets, some are 2 seaters but they are all up there together.

Ok, so when I see a jumbo jet high in the the sky heading west, I assume the highly empowered travelers are heading to destinations like San Diego, California or somewhere in Alaska.

Someday I'll write a book with details of "where are they going?"  Today, this is a blog so it will be short.

Let's take a look at some San Diego pics:

So here we are, 70 degrees in January.  Ok, so that's a few degrees warmer than we have in Denver but all the same, I see those jets and this is where my mind goes.  Vacation!

There are several really cool San Diego destinations, the Zoo, Sea World, your friend in the business likes this one:

Ok, so San Diego is HOT! in January.

WHAT ABOUT APRIL?  This is my idea of a great vacation!!!

BASEBALL   --   Padres style.  Let's take a look:

.Petco Park  --  pretty cool huh?  Rockies Win!  Rockies Win!!!

Ok, so I sit here watching the jumbo jets.  They fly south west to San Diego and they fly north west. Really, north west---where.  how about Alaska?

If I were heading to Alaska, it wouldn't be for baseball but it would be for this:

Fall in Alaska --  Awesome right?

But I'd like to take a cruise -- you with me here? -- check this out!

That's what I'm talking about!

I have spent many a beautiful Denver night sitting on the deck wondering where the lucky people in the jumbo jets are going.  These are just a few thoughts.  WHERE WOULD YOU BE GOING?

Well, back to reality, it is January in Denver and it's cold but Pitchers and Catchers report in less than a month.  Soon we will be wondering who will be at the top of the rotation for the Rockies.  Gotta be Jorge right?

Here's a view of my favorite place:  

Looking forward to Friday, April 4 Home Opener

I can't do a The Todd Blog without at least mentioning one of my favorite Denver real estate listings, you know the kind, the ones that require a jumbo loan or a least a trip through the 2014 WISH MACHINE.

We have done homes with wine cellars, homes on golf courses, and homes with a pool, now it is time for a Google search for Homes with a tennis court.

Here it is!  17 Huntwick Land, Cherry Hills Village, Colorado.

As is often the case, this one is listed by Edie Marks of Kentwood Real Estate.

Let's take a look:

Now for shots of the tennis court and pool:

Does this work for you?

Living in this house, with these luxury amenities and highend lifestyle is like living each day on vacation.  We don't need to sit on the deck and watch the sky, just be Empowered and live the passion of blog. and a great jumbo life.

Contributors to this Blog:

 Mortgagemates

The Todd Blog

Friend in the Business

Native American Dream

Todd McManigal

2014 WISH MACHINE

LET'S KICK SOME....GLASS!

Ok, I like cool glasses.  Beer glasses, wine glasses, sipping glasses, margarita glasses, shot glasses, mugs, stiens.....whatever!

A few glasses from my collection!

As most of you know, I love margaritas right?  Yet most of these glasses are beer glasses...I digress.  

We will save margaritas for another blog.  Today, we talk about beer glasses.

Check this one out:  We bought it in Boston from the Cheers bar.

When I use this mug, all I can think of is....NORM!!!!

Next, you know I LOVE baseball, especially Colorado Rockies baseball.  So, here goes......

If only it didn't cost $9 Bucks to fill this glass....

So what does this have to do with Jumbo loans?

What does this have to do with the 2014 WISH MACHINE?

What does this have to do with Empower Network?

Not much but I like to let you know some of the stuff I like, fun right?

Ok, those of you looking for a SEC 184 Native American Dream Loan, CLICK HERE

Looking for a Jumbo Loan that Empowers buyers?  CLICK HERE

Lastly, Please go to The Todd Blog 

We have much to share!!  Your Friend in the Business

720 or higher credit scores--key to Jumbo loans

Ok, so this blog will be a little boring but if you are in the market to purchase a home or a car listen up!

This information comes to us via 720creditscore.com so take a look:

I Called Todd!  Now I'm at 720

Which is better for your FICO score: Paying off your credit cards, or paying off your mortgage?

Most people say they would pay off their mortgage to increase their credit score the fastest. But when it comes to FICO scores, eliminating charge card debt is far more powerful than eliminating mortgages and car loans.

And if you think about it, it makes sense. When assigning a credit score, the scoring bureaus assess risk by asking one question: How likely will this borrower default in the next two years?

Most people prioritize their mortgage payments; they would rather skip a few meals than lose their home. So having a balance on your mortgage isn’t really that risky. But people aren’t quite as responsible with their Visas and MasterCards. In fact, even the most financially responsible people make a few bad decisions when it comes to the allure of credit card spending.

So keeping a low balance (or no balance at all) on your credit cards is a far better indicator of your financial situation, and your ability to pay upcoming bills.

The moral of the story: If you want to increase your FICO score, get your credit card balances under control!

Anyone looking to get approved for a loan, whether it is a SEC 184 Native American Dream loan or a jumbo loan that empowers buyers, the process is simple.  Please click on the "GET PRE-APPROVED" tab and we will be happy to help.

Oftentimes, we find that buyers in the market for a home are hesitant to find out what their credit scores are and see if they qualify.  The process is actually quite simple and painless.  

If your credit needs a lot of work, we can always run it through the 2014 WISH MACHINE  check it out in action.  Our job is to give you information necessary to improve your credit.

If you are simply looking for a vehicle to add some extra monthly income to your current paycheck we have that covered as well--Empower Network is the vehicle for so many, including me.  Take a look

My life doesn't change whether you get pre-approved or not, I will still drive the same car and live in the same house but you life can change depending on the credit.

If you already have impeccable credit and looking for a Jumbo loan, we are jumbo loan specialists.

Contributors to this Blog:

 Mortgagemates

The Todd Blog

Friend in the Business

Native American Dream

Todd McManigal

2014 WISH MACHINE