May Newsletter 2023

Happy Mother's Day!

The Credit Restoration Institute
wishes you and your loved ones a special Mother's Day with the lovely ladies in your lives!

Join Our Membership Committee!

We're looking for passionate people to join our standing committees to offer a helping hand in several business-critical projects as we work to advance our mission of bettering lives through credit restoration. Individuals with any level of skill, experience, or interest in the following topics: branding, social media, program development, financial management, human resources, event planning, or board governance are welcome to apply. The monthly time commitment is estimated at four hours per month including bi-monthly meetings.

Please complete the application below in its entirety and submit by Friday, May 26th. We estimate that this form should take no more than 15 minutes to complete.

In the meantime, please visit our website: www.creditrestorationinstitute.com for more details about the organization. Apply Here

Mortgage Fees Are Changing For Homebuyers Soon

If your summer plans included budgeting for a new home, make sure you prepare for the new changes to the mortgage fees coming this month. According to USAToday, starting May 1, upfront fees for loans backed by Fannie Mae and Freddie Mac will be adjusted because of changes in the Loan Level Price Adjustments (LLPAs). These are the fees that vary based on a borrowers credit scores, down payments, types of home and more. With these changes, borrowers can expect to see differences related to their credit scores and an effect in their downpayment sizes.

"In some cases, people with higher credit scores may end up paying more while those with lower credit scores will pay less," quotes the article. The article focuses on what exactly the fee changes are, the loans the fees are being applied too, why these changes are being made, and if these changes could be seen as positive or negative changes to the potential home buyer entering the market.

If you're looking to buy a home, click the button to learn more.
Click Here For The Full Story

Happy Memorial Day!

The Credit Restoration Institute sends our love and thanks to the family members of those who have graciously served our country. Here are some events happening around the city for you to enjoy over the holiday weekend with family and friends:

Wine and Bundtini Flights : Monday, May 29th 11AM
Sandston Parade: Monday, May 29th 1PM

Real Results!

Our custom credit disputes leverage the consumer protection laws and the credit bureaus’ automated codes to help remove or correct unverifiable items.

As our client, we dispute accounts with the bureaus and creditors on your behalf. Using our years of experience, we use the tools you need to move your case forward and get the results you are looking for.

Mortgage readiness and getting pre-approved all imply creditworthiness. You, too, can improve your credit.

Read More About Creditworthiness Here

Give us a call today to start your credit repair journey!

Mon-Fri 9 a.m. - 5 p.m. (804) 823-9601 | (800) 648-5157

mail@creditrestorationinstitute.com

May Newsletter 2022

 Wishing all the wonderful mothers out there a Happy Mother's Day!

Home prices have skyrocketed by nearly 20% over the last year and mortgage rates have risen faster over the past three months than they have in decades. But the high cost to buy a home is not the only obstacle prospective buyers are facing.

Other hurdles include a lack of available homes for sale that fit the buyer's criteria, bidding wars, and failing to have enough money for a down payment, according to a new study from the National Association of Realtors and Morning Consult.

"Record-high home prices and record-low inventory have made the home buying process exceedingly difficult," said Jessica Lautz, NAR's vice president of demographics and behavioral insights. "Our study shows that, while the inventory crisis is affecting potential buyers of every race, nearly all home buyers agree that homeownership is still an important part of the American Dream."

Read the full CNN article here.

These are REAL results!

In just a few short months we've gotten our client's credit from low 630's to 730's. That's over 100 points in 6 months! When shopping for a home, a credit score shouldn't be the reason one can't buy a home, especially with the right preparations and tools.

You too can improve your creditworthiness.

Are you mortgage-ready? Do you know what your credit score is? Are you a first-time home buyer?

Using our credit repair services prior to contacting a loan officer can ensure the home buying process goes smoothly and painlessly. Even if you do have decent credit, having an even better credit score can increase your chances of better rates. Call us on (804) 823-9601 or (800) 648-5157 today for more information!

"163 points in just two months"

These results speak for themselves!

Credit Restoration is the truth! Robert and his team know what they're doing!!!! Trust the process and you will see things happen. They update you once a month on your progress. My husband's scores have jumped 163 pts in 2 months. Their customer service and team are always friendly, and willing to answer any questions you may have. Just like the other gentlemen stated, this jump put us back in the mortgage approval range. The monthly payments are a small investment on a huge return!! Thank You Credit Restoration!!!!!!

– S. Ford

A Message from Federal Student Aid

"In response to the COVID-19 emergency, we paused loan payments and set interest rates to 0% for eligible federal student loans. On this page, you can find out if your loans are eligible and how this relief affects your loans."

Read the full announcement here

Give us a call today to start your credit repair journey!

Mon-Fri 9 a.m. - 5 p.m. (804) 823-9601 | (800) 648-5157

mail@creditrestorationinstitute.com