Your credit payment history is recorded in a file or report. These files or reports are maintained and sold by "consumer reporting agencies" (CRAs). One type of CRA is commonly known as a credit bureau and in Mortgage lending, these are issued from Experian, Equifax and Transunion. You have a credit record on file at a credit bureau if you have ever applied for a credit or charge account, a personal loan, insurance, or a job. Your credit record contains information about your income, debts, and credit payment history. It also indicates whether you have been sued, arrested, or have filed for bankruptcy. Recently some new regulations are limiting medical reporting and have decreased the errors seen from collections and medical payments. This is good news for those with bumps in the road due to medical issues.
Free Credit Analysis- When a new client comes to us the first thing we encourage is to pull credit to get started on maximizing credit scores. There are many times that just lowering a balance by a few dollars can help and the analysis can help create a roadmap to maximize those scores at no cost to a consumer.
The example below shows a sample of all three scores and how they are all different. (This borrower started with a 690 credit score and by increasing scores to 730 lowered his payments by $130 or added $27,000 buying power from his approval with Rocket Mortgage who did not assist in improving scores. 
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 101770
Personal NMLS: 49242
NMLS Consumer Access
12411 SE 2nd circle
Vancouver, WA 98684
Phone: 3609103290
bill@billcblack.com
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