Boost Credit Score With Instant Credit To Qualify For Mortgage

How To Boost Credit Score With Instant Credit

Boost Credit Score With Instant Credit 

Welcome To The Gustan Cho Team at USA Mortgage. We are going to show our viewers some tricks of the trade to boost credit scores to qualify for mortgage loans on this page.

  • There are ways to boost credit score with instant credit.
  • Borrowers who do not qualify for a mortgage or do not meet a certain mortgage loan program due to being a few points shy of meeting the minimum credit score requirements can easily raise their credit scores by taking our advice.

Credit Cards To Boost Credit Score

One of the main reasons why consumer credit scores are low is due to not having any revolving credit tradelines.

  • Secured Credit Cards are the easiest and fastest way of boosting credit scores.
  • Consumers with no credit scores or low credit scores can easily boost credit scores with secured credit cards.
  • By adding three secured credit cards with at least $500 credit limits can exponentially boost scores.
  • Each secured credit card can raise 20 or more points.

How To Maximize Credit Scores To Qualify For Mortgage

Borrowers with under 600 credit scores can easily boost their scores by adding positive credit.

  • Borrowers with lower scores due to high credit card balances need to pay down the balances to get maximum optimization of their scores.
  • Remember that low credit scores mean higher mortgage interest rates.
  • For maximum FICO scores, have credit card balances as low as possible but never a zero balance. 
  • For Example, a $1,000 limit card with a $900 balance will hurt scores.
  • However, by paying down the card balance to lower than 10% or $100, scores will increase substantially.
  • Available credit in a revolving account is what will maximize and boost credit scores.

Boost Score With Instant Credit With 5kREV.com

The credit card that we are highly recommending is an unsecured card that almost all applicants, whether you have poor credit or low scores will get approved and is a powerful tool to boost your FICO in 30 days of less.

  • This card is ideal for mortgage borrowers who have low scores either because they have no revolving tradelines and/or have cards that have high balances on them and due to their lower scores, they cannot qualify for a mortgage loan.
  • Getting this card is another alternative to getting secured cards and can be quicker than getting secured cards to boost credit score.
  • Borrowers can boost credit score with instant credit by visiting  5kREV.com 
  • I’ll will be attaching the particular details about this powerful revolving card for you to use to maximize and how to boost credit score without the waiting period it takes for secured cards such as the cost of enrolling in the program, how it needs to be used, and when to apply as well as when it will report to all three major credit bureaus.

How Does This Card Work?

This unsecured card was developed and launched by mortgage professionals to help borrowers who needs to boost their scores as soon as possible in order to qualify for a mortgage.

  • The combination of deleting the derogatory credit items off one’s credit report as well recommending secured cards to re-establish a consumer’s overall credit.
  • This card is like adding fuel to the fire to get to the finish line of good credit in a much faster time frame.  

Recommended Tradelines

Most mortgage lenders will have a minimum amount of 3 credit tradelines that has been seasoned for at least 12 months.

  • Some mortgage lenders may require three tradelines that has been seasoned for at least 24 months.
  • Tradelines are accounts such as revolving card accounts, auto loans, or any other creditor reporting any installment and/or revolving credit and its payment history of the debtor on the bureaus.
  • The ideal amount of cards consumers should have is between five and nine active revolving credit card accounts.
  • To maximize and boost score and for a strong financial profile, consumers should have a mixture of revolving accounts and installment accounts.
  • Having one or two installment accounts such as an auto loan, mortgage loan, and/or student loans will be a plus along with revolving accounts.
  • Consumers should never ever close out any revolving accounts that are not used even though the revolving account company may charge an annual fee.
  • Part of the scoring model of FICO is derived by having aged active tradelines and having available credit is also a major part of having higher scores.
  • The $35 annual maintenance fee to keep consumer’s revolving account active is worth every penny.
  • Good credit and higher credit scores means savings, not just when applying for a mortgage.
  • Good credit is also important when shopping for insurance because insurance premiums is based on credit scores.
  • Interest rates on auto loans when consumers trade in their vehicle or just apply for any type of credit.
  • Higher scores means less risk for a creditor and/or lender which translates into less risk from a lender’s point of view, which means lower rates and lower rates means big savings for the consumer.

Benefits Of 5KREV.com

  • The 5KREV.com unsecured revolving account offers great benefits and almost everyone will get approved.
  • More than 95% of the applicants who apply for the 5KREV.com gets an approval.
  • The application process is streamlined and extremely simple and easy.
  • The approval is not based on the consumer’s scores.
  • EXAMPLE:  Even with 30 outstanding derogatory collection items on your credit report, consumers can still get approved for the 5KREV.com unsecured card with an unsecured limit of $5,000 as long as they do not have the list of items that is listed on the “REASONS FOR NON APPROVAL” LIST.
  •  $5,000 of available for everyone who is approved.
  •  $99 Membership Fee includes joint account.
  • No Monthly Fees, EVER!
  •  Reports to all three major bureaus on the 5th of every month.
  •  Sign up between the 1st and the 25th of any month and this tradelines will report on the 1st of the following month.
  • 19.9% Interest Rate

Getting Started And Approved For The 5KREV.com $5,000 Unsecured Card

GETTING STARTED –

  • To get started with the approval process for the 5KREV.com unsecured card with a $5,000 credit limit.
  • Applicants will have to place a one time minimum order of $100 with half down.
  • Customers can order more than $100 with their 1st order.
  • But their 1st order MUST be for a minimum of $100.
  • Every new customer pays 50% down with every order they place on the merchandise they choose to purchase during their first year of having this card. 
  • After the 1st year of being a card member, there is NO required down payment on any purchase the card holder places as long as they had timely payment history with no late payments since becoming a member cardholder of the 5KREV.com unsecured card.

There is a hard pull from Transunion only, unless there is not enough information available, and then another credit report will be pulled from one other bureau.

CLICK THE FOLLOWING LINK TO SIGN UP NOW:

5kREV.com

Reasons For Non-Approval

*Substantial Federal and/or State Tax Liens

*Active Bankruptcy. Applicants can only get approved after a Chapter 7 Bankruptcy discharged date or one year into a Chapter 13 Bankruptcy repayment plan with a timely payment history.

*Child Support/Alimony: Applicants who are delinquent on your child support payments and/or alimony payments, they will not get approved for the 5kREV.com $5,000 unsecured card.