Credit Communications Inc. Ranks #19 on East Bay Business Times FAST 50 List.
SAN RAMON, CA, (ContentDesk) July 29, 2005
-- Credit Communications Inc. (CCI) provides credit reports and other mortgage settlement services to mortgage brokers and lenders nationwide.
The ranking recognizes Credit Communications' three-year revenue growth rate of 89.8% over the 2002-2004 time period.
Revenue through the first half of 2005 also grew 23% over the same period last year."Our rapid growth continues to be supported through strong client retention as well as acquisition of new accounts.
We continue to lead the way in training and educating our customers on how to maximize operational efficiency and close more loans using CCI's credit analysis and simulation tools," said Marty Flynn, CCI President and CEO.
"Our success is a result of a lot of hard work and our team's commitment to provide the best customer service in the industry," he added. About Credit Communications Inc.Credit Communications Inc. is a privately held company headquartered in San Ramon, California. They are a provider of comprehensive mortgage information solutions to the mortgage industry.Credit Communications helps loan professionals evaluate credit worthiness, identify potential credit fraud, determine property values, and assess flood risk. The company also provides originators with credit score analysis / simulation tools and credit re-scoring services that help increase loan closings and borrower loyalty.
For more information, contact Credit Communications at (800) 954-2266..
Apply For A Mortgage ? Keys When Applying For A Mortgage Online
Applying online for a mortgage is very fast and easy. Just make sure of a few things before you start to look for places to apply to. Here are some tips to keep in mind when searching for a mortgage company to help you online:
- Apply with many different brokers, but make sure the online application or inquiry that you fill out will not allow them to pull your credit - If they ask you to describe your credit, it is likely that the broker is not going to pull it. If you enter your social security number, it is likely that they will pull your credit. If you do not enter your social security number, usually, that makes it so that they cannot pull your credit.
They eventually will need to pull your credit, but you want to make sure you have narrowed down the broker that you want to work with before they pull your credit.
- Enter the information on your application accurately ? If you are not accurate on your application, this will slow down the approval process. State your...
Mortgage > Apply For A Mortgage ? Keys When Applying For A Mortgage Online
Self Employed Mortgage Loans - A Survival Guide
When you're self employed you have numerous advantages. As you are a free agent, you will write off every deduction you can on your tax return. You acquire the potential to earn extra income much more so than someone who is employed by someone else. The best part is that you are the gaffer, the boss! On rare occasions, being freelance has some drawbacks. One is when you go to get finance for a property or a large purchase.
However, here are some items to know that could help you prepare for the mortgage loan process. A self-employed mortgage loan survival guide, if you will.While confirming your income - the average lender will need to be made aware of at least 2 years of self employment history, occasionally they will request 3 years. They will ask to see this history verified in tax returns, generally. Occasionally the lenders may figure your income as being the average income you claimed on your income taxes as profits, not your gross business income. Another time the lender...
Self Employed Mortgage Loans - A Survival Guide
Mortgage > Self Employed Mortgage Loans - A Survival Guide
Visa & MasterCard Raise Credit Card Processing Rates
Visa & MasterCard have raised interchange rates
again effective April 2005, but before we explain the increase lets look at
what comprises a discount rate as these credit card processing rate increases
are not simple.
The discount rate you see on your
merchant statement is based on the Interchange rate.Interchange is the rate
Visa & MasterCard member issuing banks charge on credit card transactions.
Similarly to how your mortgage is based on prime. Issuing banks are the banks
that issue credit cards to cardholders. Contrary to popular belief, 80% of
discount rate is paid to bank that issued credit card to customers patronizing
your business.
Interchange compensates
card issuing institutions for their risk and the expenses they incur to
process transactions.
The fee amount is based on the level of risk associated with funding a
transaction, in...
Mortgage > Visa & MasterCard Raise Credit Card Processing Rates
MIAS Warns that Home Information Packs are to Slow the Housing Market
(ContentDesk) February 16, 2006 -- When HIPs become law in England and Wales on 1 June 2007, house sellers will have to produce information packs for buyers, at a cost of around ?600 plus VAT.
(Office of the Deputy Prime Minister news release, 17 November 2005.) Ministers say that HIPs will cut the number of sales which fall through, thereby speeding up the home buying and selling system.MIAS (http://www.mias-ltd.co.uk ) is concerned that the introduction of HIPs will initially slow down the current home buying system further.
Roger Milbourn, Director of MIAS Ltd said: I believe that the implementation of HIPs will initially slow down the housing market, as in order to put a property up for sale, sellers will have more work to do and will need to find at least ?600, in order to compile a pack. HIPs will impose extra costs and red tape in an already complex market. They could have serious repercussions on the...
Mortgage > MIAS Warns that Home Information Packs are to Slow the Housing Market
Tricks To Getting A Low Mortgage Rate
It's obvious - we all want to have a low mortgage rate.
After all, a low mortgage rate means spending less on monthly payments throughout the life of the mortgage.
A lot mortgage rate can save you thousands of dollars.
It also means you're more likely to have funds available to spend on opportunities that could prove profitable.
In recent times, low mortgage rates have begun to rise, but even so, rates today are still low enough to make it worth considering refinancing your home, if you're stuck in a high rate loan.
The internet is a wonderful place to do your research on finding a low mortgage rate.
Included here are some websites where you can start looking.
Interest.com
This website is a great place to start you research.
You can compare the rates from a variety of lending companies in your state, so that you can improve your chances of getting a low mortgage rate.
For example,...
Mortgage > Tricks To Getting A Low Mortgage Rate
How I Became a Hard Money Lender
Unlike other investors, my venture into real estate was a natural extension of my secondary business as the IP Ware software developer. However, opportunity and perseverance beget wealth, or at least a decent side income. Aside from my ventures into lease optioning residential property, I and my partner have managed to acquire a number of properties with our own credit. However, when looking at our finances and the return we were getting for the amount of effort involved, we both decided there must be a better way. That is when it occurred to me.
Instead of trying to leverage our existing assets for a diminishing return, perhaps we could be the bank.Here is the scenario as it has played out. First of all, we control a decent number of properties with our own credit. Most were purchased with 100% financing using multiple capital sources. However, each contains only a primary lean and is financed using standard mortgage terms. Subsequently, there is a 20% secondary credit position...
How I Became a Hard Money Lender
Mortgage > How I Became a Hard Money Lender
Visa & MasterCard Raise Credit Card Processing Rates
Visa & MasterCard have raised interchange rates
again effective April 2005, but before we explain the increase lets look at
what comprises a discount rate as these credit card processing rate increases
are not simple.
The discount rate you see on your
merchant statement is based on the Interchange rate.Interchange is the rate
Visa & MasterCard member issuing banks charge on credit card transactions.
Similarly to how your mortgage is based on prime. Issuing banks are the banks
that issue credit cards to cardholders. Contrary to popular belief, 80% of
discount rate is paid to bank that issued credit card to customers patronizing
your business.
Interchange compensates
card issuing institutions for their risk and the expenses they incur to
process transactions.
The fee amount is based on the level of risk associated with funding a
transaction, in...
Mortgage > Visa & MasterCard Raise Credit Card Processing Rates
Mortgage
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