Barclay Butler Financial Inc.

March 14, 2023

Fastest Ways to Rebuild or Increase Your Credit Score

Start with a Secured Credit Card A secured credit card requires a cash deposit (often $200–$500) that becomes your credit limit. Because it’s considered revolving credit (unlike loans, which are installment credit), it has a much stronger positive impact on your credit score. Why Revolving Credit Matters More Than Installment Loans Installment loans (car loans, personal loans, mortgages) add some […]

Bad Credit 0 1 min read

March 14, 2023

1 day out of a foreclosure and you could buy a home!

Yes it is true you can buy a home 1 day after your foreclosure. Your home has to have been already foreclosed, it cannot be in the process of being foreclosed. If you have a 550 credit score and 40% down you can buy a new home. You can get either a Fixed Rate or ARM and or Interest Only. […]

All states 0 30 sec read

March 14, 2023

Why using a credit repair company before getting a mortgage is a bad idea.

Credit repair is helpful if there is a lot of incorrect information on your credit report. If you have hired a company to dispute all of your bad credit, it most likely will delay or stop you from getting a mortgage. Most credit repair companies will dispute everything on your credit report that is derogatory. When a trade line on […]

203- K mortgage 0 1 min read

September 18, 2018

FHA Loans Available with Credit Scores as Low as 500

Most lenders require a 620 credit score for FHA financing because they rely only on automated approval systems such as DU (Desktop Underwriter) or LP (Loan Prospector). At Barclay Butler Financial Inc., we can help borrowers with lower credit scores: 500–579 credit score → Eligible with 10% down 580+ credit score → Eligible with 3.5% down ✅ We offer Automated […]

2-4 unit building 0 33 sec read

October 11, 2014

Why using a credit repair company before getting a mortgage is a bad idea.

Automated underwriting 0 1 min read

October 6, 2014

What is the fastest way to rebuild your credit or increase your credit score.

The fastest way to rebuild your credit score or increase it after a BK, foreclosure, deed in lieu of or a short sale is to get a credit card most likely it will have to be a secured credit card. If you happen to be a person without any credit this will work also. A credit card is considered revolving […]

Bad Credit 0 1 min read

Fastest Ways to Rebuild or Increase Your Credit Score

1 day out of a foreclosure and you could buy a home!

Why using a credit repair company before getting a mortgage is a bad idea.

FHA Loans Available with Credit Scores as Low as 500

Why using a credit repair company before getting a mortgage is a bad idea.

What is the fastest way to rebuild your credit or increase your credit score.

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