You will hear this kind of “temporary fix” situation from most lenders that look at your credit today and just want to close your loan.  In the past, some would try to convince you to accept a loan with prepayment penalties and fixed for only 2 or 3 years, then the rates increase or force you to refinance and pay closing costs all over again. 

At Churchill Mortgage, we were not satisfied with the limited options available.  So we did extensive research into how the Credit Scoring software actually works.  We then trained a team called the “Credit Score Improvement Team” whose purpose is to show our customers how to increase their credit scores quickly, and get approved for A+ interest rates.  We then found software that will actually show us exactly what moves you need to make to raise your scores, and exactly how many points it will increase. 

In many cases, we can even get A+ interest rates for those that may have No Credit Score because they have not used credit. If you do not have a Credit Score, please visit our What You Need To Know page to inform yourself on the ever-changing guidelines for borrowers with no credit score. 

If you are interested in Pre-Qualifying for a mortgage loan and need guidance regarding your credit score, give us a call at 1-888-562-6200.  You can also head to our website www.churchillmortgage.com to Request A Call Back and one of our Home Loan Specialist will contact you at a time that is convenient to you.