“Preparing Clients for the Mortgage Application Process”

“Preparing Clients for the Mortgage Application Process”




After working with Christina for a number of months we handled a couple of items on the credit report that showed they were in collections. Even though they were old they were being reported on the credit report each month.


She had been paying cash for her rent and that immediately changed to money orders. The credit card balances have been reduced to less than 50% of the high credit limit.


All this took her from a 606 credit score to a 690 credit score. Once she is under contract, getting her a mortgage will be a pretty simple process.


Hello Joe,

      This is Christina again, well we think we have found our home. We are just waiting to find out if they took our offer. As soon as we hear, will contact you. I’ve contacted the home inspector you recommended and will let him know as well. We have everything that you have asked us to put together.



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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 12 commentsJoe Petrowsky • June 28 2016 06:50AM


Good morning Joe and well done. You are the best and I enjoy the time you spend with folks getting them ready and prepared.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 2 years ago

What a wonderful story. Just underlines how important it is to get a client in touch with a good lender soon

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) over 2 years ago

Good stuff Joe - thanks for sharing - Suggestion for you - how about a post on how to help fix credit issues from short sales - we had so many of them the past 8 years, many people are still being penalized for them!

Posted by Jennifer Mackay, Your Bay County Florida Realtor 850.774.6582 (Counts Real Estate Group, Inc.) over 2 years ago

Good morning Joe Petrowsky,

Great that you helped them pull their credit score up so they could purchase a home. I 'm sure they also requested a letter from you when making their offer.


Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) over 2 years ago

Joe, helping home buyers is the ultimate give back in establishing their nest in life.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) over 2 years ago

Good morning Joe. Patience and persistence has its rewards! Enjoyy your day! 

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 2 years ago

This is a good story to share. Many need to work on their credit.

Posted by Roy Kelley (Realty Group Referrals) over 2 years ago

Yes Joe Petrowsky Sometimes it only takes a couple of small "adjustments" to get the score in the acceptable range.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 2 years ago

Joe, I know people have their reasons ... paying cash for rent is just not something I can get my head around .  In any event ... it sounds like they are well on their way to owing a home. Congrats to all. Well done. 

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) over 2 years ago

Hi Joe -- it sounds as if Christina followed your advice and hopefully that means she will be a homeowner soon.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 2 years ago


It pays big to follow your advice.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 2 years ago

Joe a lot of what we do is getting borrowers who are not ready to purchase today to be able to purchase tomorrow.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 2 years ago