	AllExperts > Real Estate Home Mortgages
	Search

About Jim Hoepf
Expertise
I have a diverse background that allows me to answer questions regarding underwriting, collections and industry changes.

Experience
I have 18 years of experience in the industry. I have an extensive underwriting background that allows me to have a greater understanding of how to properly structure a loan for approval. I have been cohost of the local radio show Real Estate Matters for the last four years. I have owned and operated my own brokerage firm for the last 10 years. Along with originating and underwriting I have also handled mortgage delinquency and the foreclosure process.

Education/Credentials
BS in Business Administration from Bluffton University. I have also participated in numerous underwriting workshops put on by Fannie Mae and lenders in the Phoenix area.

Awards and Honors
Broker of the year for Arizona with Homeside Lending.

You are here: Experts > Shopping > Home Buying/Selling > Real Estate Home Mortgages > Reporting mortgage to the big three

Real Estate Home Mortgages - Reporting mortgage to the big three

Expert: Jim Hoepf - 6/28/2009

Question
I purchased a home back in 2001 to a private lender in Georgia. Unfortunately, the owner has never reported this information to any of the credit companies. I recently tried to re-finance because my current interest rate is 8.5%. However, my credit score is hovering around 600 and I know that if my mortgage history is reported, my score would increase some. Especially since I have never been late on my mortgage payments. Is there an agency that can help me facilitate reporting my mortgage history to all three credit agencies?

Answer
Raymond,

There is on one agency that can help that I am aware of. You'll probably need to contact each of the three companies and find out what they need to get it reported.

I would also talk to the lender you were working with to see if there is any way they can help with the scoring providing you can submit 12+ months of cancelled checks to verify that you have paid on time.

Hope that helps out some.

Add to this Answer Ask a Question

About Real Estate Home Mortgages
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here