sangfnsgfsd
Categories: Brett's Mortgage Blog

Removing Disputes Just Got A Little Harder…

It’s not unusual at all for an underwriter to request that disputes be removed from a disputed account.

In the past we have used a simple letter from the consumer to have these disputes removed.

I wanted to let you know that as of January 19th, 2015 Experian will now require a letter from the reporting creditor stating that the dispute comment should be removed. (The other two bureaus will still accept a letter)

This letter can be a little more difficult to get – particularly if the creditor is out of business or otherwise hard to reach.

You could also try calling Experian yourself as a consumer to request the dispute be removed.

Bottom line is if you are getting a mortgage don’t dispute a bunch of accounts prior to your application. You will just have to remove the comments that remain. …and, it can be tricky to get them off sometimes.

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

Get Pre Approved For A Loan Here.

Get A Rate Quote Here.

Need A Mortgage Calculator?

My Previous Blog Posts

Brett Sampson

Recent Posts

How To Buy A House With A Reverse Mortgage…

I’ve written about this before, but we have more and more people passing the age…

5 days ago

Advantages Of Buying A House From A Relative…

I had this situation come up again last week, and I wanted to address it…

7 days ago

You Have To Know This When Buying A House…

One of the most important things you will have to do when you apply for…

2 weeks ago

Free Grant Money Available For Down Payment If You Have One Of These Jobs…

I wanted to remind you that we have a 2% to 5% downpayment and closing…

3 weeks ago

How To Get A Loan With Foster Care Income…

If you receive money from the State or a County sponsored organization for providing foster…

3 weeks ago

How To Pull Cash Out Of Your Rental Property With No Proof Of Income…

Do you have investment property, and would like to pull cash out of your property?…

4 weeks ago