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Experian Boost Bad for Mortgages

Experian Boost Bad for Mortgages

Released Thursday, 9th May 2024
Good episode? Give it some love!
Experian Boost Bad for Mortgages

Experian Boost Bad for Mortgages

Experian Boost Bad for Mortgages

Experian Boost Bad for Mortgages

Thursday, 9th May 2024
Good episode? Give it some love!
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If you're thinking about buying a house and you've sparked up your credit with Experian Boost, you might run into some turbulence. Turns out, lenders don't always see it as a good thing. They might ask you to take those boosted items off your report because they consider it manipulating the system. 

Although this seems unfair, it's how our current system works, so this episode is meant to give you the facts from the lending side. Before you assume you are in the clear with your credit using an Experian Boost, make sure you understand the whole picture, especially if you're gearing up to buy a home.

In this episode, you’ll learn:

  • What Experian Boost is and how it works
  • The potential impact of Experian Boost on credit scores
  • How lenders view Experian Boost and its implications for mortgage applicants
  • The importance of understanding credit score adjustments before applying for a mortgage
  • Strategies for navigating the mortgage process effectively, including the role of pre-approval

👉TikTok: @loanwithjen👉Instagram: @loanwithjen👉Facebook: https://www.facebook.com/loanwithjen 

Jennifer Hughes Hernandez, Legacy Mutual Mortgage - Equal Housing Opportunity Lender NMLS #514497 

💻 Documents Needed to Get Pre-Approved Texas: http://checklist.loanwithjen.com/💻 Loan With Jen | Do Business With Us!: http://apply.loanwithjen.com/💻 Visit My Website - Mortgage Lender Houston | Loan With Jen Education - https://www.loanwithjen.com/

📌More Helpful Content:▶️The Myths and Truths About Credit Inquiries: https://youtu.be/d_RQJnTsVPE▶️Why You Should Use A Local Lender: https://www.youtube.com/watch?v=shkijZmEonA ▶️How to Buy A House With Low Income: https://www.youtube.com/watch?v=OcyjWe0snWU▶️Using Rental Income To Qualify For A Mortgage: https://www.youtube.com/watch?v=kv0eXzl1YUo

To contact us visit www.loanwithjen.com

 Equal Housing Opportunity Lender NMLS# 514497

Click Follow on your podcast app and share the show with a friend who’s thinking about buying a home in the Houston, TX area.

Resources mentioned in the episode:

https://www.loanwithjeneducation.com/

https://www.instagram.com/loanwithjen/

https://www.facebook.com/loanwithjen

https://www.youtube.com/channel/UCFrSijIoUv59fxf0hXMro7g

https://www.linkedin.com/in/loanwithjen/

https://twitter.com/LoanWithJen

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