The Importance of Credit for Today’s Real Estate Financing

Presented by Serge Bevil – 4.5 hours

1. The Credit Reporting System (60 minutes)
   1. The reasoning behind the system
   2. The purpose of its measure
   3. The Credit Bureaus power of information
   4. Why most creditors, auto dealerships, insurers, employers and landlords use it
2. Understanding Credit Scoring (60 minutes)
   1. The importance of a FICO score
   2. What drives a credit score
   3. How and why your score can vary so much
   4. What’s considered a good credit score and why
3. The Importance of Your Identifying Profile Information (30 minutes)
   1. Setting the record straight on your ID.
   2. Keeping your own identity
4. Reviewing the Five Major Categories That Dictate Your Credit (60 minutes)
   1. Qualifying credit for a mortgage
   2. What are bankers looking for in your credit profile
   3. What are realtors, co-op boards and condo associations looking at
   4. Changing the imbalance in your score
5. Inaccuracies, Public Records and Identity Theft (60 minutes)
   1. Clearing issues that can prevent you from moving forward