Forum Replies Created

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    Gustan Cho

    Administrator
    July 25, 2023 at 12:08 am in reply to: UTAH PLM EXAM

    DOES UTAH REASSESS PROPERTY EVERY FIVE YEARS?

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    Gustan Cho

    Administrator
    July 24, 2023 at 10:24 pm in reply to: Alternative Credit Tradelines

    Alternative credit tradelines are credit tradelines that do not report on the credit bureaus, Felix. For example, electric, cable, cellular bills, rental payments, insurance payments, and other creditors that do not report on the credit bureaus but you have made timely payments in the past 12 months are alternative credit. If you have alternative credit, the loan processor will do a credit supplement and report it to the credit bureaus so it reflects like you have regular credit. EXPERIAN BOOST would be an example of alternative credit. Alternative credit is required for borrowers who are doing manual underwriting and do not have traditional credit tradelines. All alternative credit files are manual underwriting. Therefore, only VA and FHA loans are the only two loan programs besides non-QM loans that accept alternative credit tradelines. For example, if a borrower does not have a credit score, they would need alternative credit.

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    Gustan Cho

    Administrator
    July 24, 2023 at 6:13 pm in reply to: Our Puerto Rican home

    Nice. How’s the weather been at this time. Hos about November, December, January, February months on the weather?

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    Gustan Cho

    Administrator
    July 24, 2023 at 6:11 pm in reply to: VA Loan with property issues

    These type of problems happy often.

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    Gustan Cho

    Administrator
    July 23, 2023 at 10:30 pm in reply to: UTAH PLM EXAM

    Unfreaking believable. 530 PM CDT and my Utah PLM exam is tomorrow and been so busy screwing around all day and not studying. Too late now to study. If I am gonna fail tomorrow, might as well enjoy my evening and go puppy shopping and screw around watch YouTube videos and be miserable and study and fail in the morning.

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    Gustan Cho

    Administrator
    July 23, 2023 at 2:58 am in reply to: UTAH PLM EXAM

    THE UTAH PLM exam is Monday at 8 am CDT, and I don’t have practice questions except for the practice questions from the 40-hour UTAH PLM state course, which is a joke. No more than 8 questions per section for a total of seven sections and a final exam of 27 questions. WTF, if I fail, you can take it every day until you pass so I will have the WTF attitude and plan to be taking the exam every day until I pass. We shall see.

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    Gustan Cho

    Administrator
    July 22, 2023 at 10:30 pm in reply to: GETTING A MORTGAGE PUERTO RICO

    Here is another blog about Puerto Rico

    https://www.gcamortgage.com/buying-a-house-in-puerto-rico/

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    Gustan Cho

    Administrator
    July 23, 2023 at 12:18 am in reply to: DIY CREDIT REPAIR

    I am at your credit repair site. Does late payments deletion work?

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    Gustan Cho

    Administrator
    July 23, 2023 at 12:13 am in reply to: DIY CREDIT REPAIR

    The key is does it work? I really don’t trust a single credit repair company. I wish there was a reputable credit repair company that gets late payments off.

    There has to be. https://www.creditversio.com/

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