Scott Swinford is a mortgage loan originator in Indiana & Illinois. A firefighter/paramedic in his past professional life, Scott's goal is to be an advocate and an educator for his valued clients. He lives in Northwest Indiana with his wife, two sons, a Beagle, and a Belgian Malinois.
I cannot tell you how many times I have heard a potential client state that the scores we see when pulling a credit report for a mortgage loan are different than what they see when they go online to pull their own scores. Unfortunately, we often see scores that are lower than what my client sees … [Read more...]
How well do you really know the VA loan program? Whether you are a buyer, seller, or even a real estate agent, you have probably heard some of the myths about the VA loan program. Since this mortgage is one of the best mortgage loan programs available, I'll do my best to set the record … [Read more...]
Should I Put Down More Than The Required Down Payment? That's a great question! While having a large down payment will lower your monthly payments, many financial advisors advise against it if you have other debt, especially on credit cards. Here's why. Let's assume that you have $10,000 in … [Read more...]
I was told that I need to pay off my old collections. Now what? When I review my client's credit reports, I often see potential borrowers with collections on their report. While many of them are "medical" collections, some are from old loans, past due credit card balances, or cell phone and cable … [Read more...]
Is This the Year You Buy a Home? If you are planning to buy your first (or next) home this year, there are several things that you need to do to "get mortgage ready". Considering that nearly 45% of those who want to purchase homes have been unable to over the past year, preparing yourself early can … [Read more...]