Gateway Mortgage Group

2009 Longwood Lake Mary Road 

Longwood, Florida 32750

(407) 321-4066 x101

APPLY ON-LINE AT:

www.GroupGateway.com

Gateway Title & Escrow Group

2009 Longwood Lake Mary Road 

Longwood, Florida 32750

(407) 321-4066 x103

www.GatewayTitleGroup.org

Gateway Real Estate Group

2009 Longwood Lake Mary Road 

Longwood, Florida 32750

(407) 321-4089

LINK: GatewayRealEstateGroup

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YOUR CREDIT HISTORY

As part of the loan application process, virtually all lenders will want to see a copy of your credit report. The report will list all your long-term debts (credit cards, mortgage payments, automobile and student loans, etc), as well as your payment history. If you don't have a copy of your credit report, I can provide you with one during your FREE no obligation pre-qualification process.

However, most real estate experts agree that it is a good idea to obtain a copy of your credit report several months before you apply for a loan. This is so you have a chance to resolve any problems with your credit before considering a purchase.

LATE PAYMENTS
For most people, problems with their credit report are likely related to late payments on a debt. If you were late one month in paying off your credit card, but otherwise have a good payment history, chances are most lenders won't be too concerned. But if you have a history of late payments you'll need to document the reasons why. A slow payment history won't necessarily get you turned down for a loan, but you may have to pay a higher rate of interest or otherwise prove to the me that you can repay your loan in a timely fashion.

ERRORS ON YOUR CREDIT REPORT
Many people are surprised to learn that credit reports can often contains errors or inaccurate information. If this is the case with your credit report, you'll need to contact the reporting agency or creditor to have the problem resolved. This can sometimes be a slow process, so make sure to give yourself time to clear up the mistake.