Need personal funding Our average client gets 200k (Lancaster, CA)

Need personal funding Our average client gets 200k

If you need substantial funding you ve come to the right place Your good credit and pay stubs can secure anywhere from 100k-500k 700 scores preffered but if you need help we can reffer you to tried and true credit repair Here s what you need to know about how your credit needs to be in order to qualify 1. Open Lines- We need at least 4 open lines. These lines MUST be primary lines and be seasoned 3 years. AUs DO NOT count toward this. Nowadays lenders will remove the AUs from the tradeline account and reevaluate. Only time AUs help is when client has tradelines but lack 3 years seasoning. AUs can help boost the score and push them over the edge. 2. Revolving Credit Limit We prefer that the minimum credit limit on revolving credit is 5 000.00. This is because lenders base their approvals on previously approved limits. Clients with 25k limits get 25k approvals. Clients with 1k limits get 1k approvals. Focusing on 5k at least allows it to be worth the effort. 10 approvals at 5 to 15k each can easily fund at 100k or more. 3. No Lates Client can not have any lates in the past 24 months. A client with a 750 fico and a recent 30 day late can drop from 300k potential to 50k. It s a deal breaker. 4. Debt to Credit There are 2 debt to credit ratios we need to observe. 1. Cumulative debt to credit ratio. Say client has 4 credit cards totalling 50k in revolving credit combined. And let s say client has one card with 5k balance another with 2k balance one with 3k balance and the other with 0. This client will have a total of 20% cumulative debt to credit ratio [(5 2 3) 50] 10 50 20%. 2. Single debt to credit ratio. Let s say client has 5k blance on a 10k card and a 2k balance on 5k card. Client has a 50% debt to credit on the first card and 40% dtc on the second. As long as no individual card surpasses 60% and the cumulative is less than 40% we can fund this client. The lower the revolving debt the more the client will get at a better interest rate. 5. Income Client needs to make 3.5x their gross monthly payments combined. If client has 2k in monthly debt payments that client will need to make 7k per month to get funded. Great thing is that we have stated income sources so if client doesn t don qualify with income we have alternatives. 6. No Public Records or collections or Charge-offs Bankruptcy Judgements Liens Child Support collections charge-offs are deal killers. No matter how strong the file looks if there is a a public record or other deragatory it is better to remove with credit repair. If your credit and income can work with these parameters please contact me today to get started. Typically takes 2-10 days to complete funding. Please call or text 6-6-1-9-1-6-9-4-0-7.We also have business funding as well can work with 500 scores depending on the strength of the business and monthly revenues. Have a blessed day