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MARYLAND
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WITH A GOOD RECORD OF SUCCESSFUL SETTLEMENTS
IN MARYLAND AND NORTHERN VIRGINIA |
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Maryland and Virginia home buyers need a pre-qualifying letter to accompany a written offer to buy a home. We recommend that you contact your lender and have a letter ready or contact the Apple Mortgage below. No cost to you. ATTENTION BORROWERS This may be the largest and most important loan you get during your
lifetime. You should be aware of certain rights before you enter into
any loan agreement. You have the RIGHT to be informed about the total cost of your loan including the interest rate, points and other fees. You have the RIGHT to ask for a Good Faith Estimate of all loan and settlement charges before you agree to the loan and pay any fees. You have the RIGHT to know what fees are not refundable if you decide to cancel the loan agreement. You have the RIGHT to ask your mortgage broker to explain exactly what the mortgage broker will do for you. You have the RIGHT to know how much the mortgage broker is getting paid by you and the lender for your loan. You have the RIGHT to ask questions about charges and loan terms that you do not understand. You have the RIGHT to a credit decision that is not based on your race, color, religion, national origin, sex, marital status, age, or whether any income is from public assistance. You have the RIGHT to know the reason if your loan was turned down. You have the RIGHT to ask for the HUD settlement costs booklet "Buying
Your Home." * * * * * * * MEET APPLE MORTGAGE FOR DETAILED MORTGAGE INFORMATION, CONTACT US AND WE'LL REFER YOU TO
A LOCAL LENDER FREE CREDIT ANALYSIS BY EXPERIENCED LOAN OFFICER. ****** Isn't it amazing how little people seem to understand about their credit scores? Most Americans do not understand credit scores even when think their knowledge of credit is good according to recent survey developed by the Consumer Federation of America. According to the survey, most consumers do not understand what credit scores measure, what good and bad scores are, and how scores can be improved. Please feel free to share this information with your clients. Consumers Need to Know 5 Critical Facts About Credit Scores Scores reflect a person's own past history, not personal characteristics such as age and gender. A low score could not only cost you up to thousands of dollars a year in additional finance charges, but also deny you access to credit, insurance, electric and telephone service, and even a job. Consumers with scores below 600 are typically charged relatively high, subprime loan rates, while those with scores above 700 are usually charged relatively low rates, and those with scores above 760 are charged the lowest rates. The most effective steps one can take to improve one's score are to: Pay bills consistently and on time. If payments are missed, get current and stay current. Don't max-out credit cards or other "revolving credit". Pay off debt rather than moving it around and don't open many new accounts rapidly. And, check your credit report to make sure it is error-free. You can purchase your credit scores (and reports) from all three credit bureaus for $38.85 by contacting Fair Isaac (www.myFICO.com), or individual reports and scores from the three bureaus listed below for about $9 each: Give us a call to check out our great ARM rates on the attached word document. Thank you for your continued business and have a great weekend! Ivy Ivy Lynn Ryerson |
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MARYLAND
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