What a Mortgage Lender Wants You To Know About Credit

Guest post by Salina Tornabene, mortgage loan officer with Guild Mortgage

There are subjects rarely taught in schools that indeed, shape our future as we venture into the “real world.” “Credit 101” isn’t covered in our educational system and in the end, albeit an ugly truth, credit has the potential to define our lives. It certainly costs more money to have no or bad credit than to maneuver through your financial world with good credit.

I thought I would break it down just a bit so – so the mystery is dispelled.

What a Mortgage Lender Wants You To Know About Credit

Here are some credit basics you should know.

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12 STEPS OF DIVORCE: Step 6 – Hiring a CFI, PRE, Vocational Evaluator, Real Estate Appraiser and Other Experts

12 steps of divorce: Hiring a CFI, PRE, Vocational Evaluator, Real Estate Appraiser and Other Experts - Andersen Law PCArt Aingel came home from work to find a series of emails from his attorney. She wanted to know if he was interested in hiring any expert witnesses or professional evaluators for his divorce.

He really did not know the answer to that question. All he knew was that he did not want to pay for anything unless it was necessary. Getting divorced reminded him of getting married and buying a house: you knew your life would change, you did not really understand what was happening, and every time you turned around, someone was asking you to write a check.

Art called his friend, Draco De Ville, for advice. Draco was also going through a divorce.

“Draco, all these experts I am hearing about: CFI, PRE, RE appraiser, vocational evaluator, business appraiser, it just goes on and on! I cannot afford to pay any of these people! And who are they anyway? It sounds like alphabet soup!”

“Well, you came to the right guy,” Draco answered. “Hire all of them and then just get your attorney to get your wife to pay for them! That’s what I am going to do. Why not stick it to her? Oh, and if they do make you pay half of the fees, just throw away their invoices and refuse to pay them. What’s she going to do? It all comes out of the same pot anyway!”

“Got it,” Art said, thinking to himself, to listen to what Draco says and do the opposite. Continue reading “12 STEPS OF DIVORCE: Step 6 – Hiring a CFI, PRE, Vocational Evaluator, Real Estate Appraiser and Other Experts”