A webinar is a type of web conference – and a convenient way to attend seminars and educational events from the comforts of your own home or office computer. Realizing most people don’t have time to attend events outside of their home or work, a webinar is an easy, effective and convenient way of conducting classes, presentations and even meetings.
Viewing a webinar is easy – you can “attend’ by simply clicking on designated link and watch the presentation. You also have the option of participating by asking questions and/or making comments. Webinars have become the most popular and efficient way to offer helpful information to a mass audience and can reach anyone, anywhere who has access to a computer and the internet.
CasaNuevaGuide.com and Friendswood Development Co. are presenting the first in a series of free webinars addressing the most common questions and concerns facing anyone in the market for a new home.
The first webinar will focus on credit report, how to read your credit report, how to dispute any errors, what you should know about your credit and the elements that go into your credit score. The webinar will also talk about what underwriters consider when reviewing your credit report.
Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (such as a mortgage loan, line of credit or credit card).
A person’s credit score has a significant impact on his or her purchasing power and most agree that interpreting their credit report can sometimes be confusing or overwhelming. However, once the basics are understood, reading and understanding a credit report is simple.
In fact, having this knowledge can be a very powerful tool for consumers. Consumer Reports says that consumers find 13 million inaccuracies on their credit reports each year, finding everything from erroneous late payments and other people’s debt information to nonpayment of a bill dating to before they were born. Another way to state it: eighty (80) percent of Americans have inaccuracies on their credit report.
Credit reporting errors are costing consumers billions of dollars each year, who are paying higher interest rates for loans because of errors that in many cases can be corrected.
While reviewing your credit is an early step in the mortgage loan process, it is a very important part of the process and one of the most significant factors in determining if you will be approved for a mortgage loan and what type of interest rate you will pay, which ultimately has an impact on your monthly payment.
That’s why this webinar is so important and so easy to attend. Find out more about credit reports, your credit score and how it is reviewed by financial institutions as well as some helpful tips and advice on how to maintain a good credit score and common do’s and don’ts pertaining to your credit. Information on the first webinar is right here on the site.
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