“Do you think she is on a Mission?”

“Do you think she is on a Mission?



Good morning Joe,

Thank you for reviewing my credit report and getting me on the right track.  I took heed to all your suggestions and brought my student loans current as of last week.  I also addressed the Children's place credit card.  I brought that down to 50% credit balance.  The car loans are now current as well.  So I suspect that if I maintain these accounts I should be able to see my credit score improve significantly.  You did not mention the names of the other creditors that I am over the 30% highest credit mark.  But I think there are two of them.  I will be addressing those in the next couple of weeks.

Once these accounts are addressed, how much wait time is there to see the positive impact on the credit score? Then how much time to apply for a mortgage?


I let her know that we need a little time to get her scores up. Just because accounts are paid current and credit card balances reduced, doesn’t mean that the scores will just jump. For sure scores drop quickly when payments are not made on time but the same is not the case when it comes to scores going back up.


The biggest step at this point is keeping all accounts current and paying down balances. It will probably take six months to accomplish the goal of getting pre-qualified for a mortgage.



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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.

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Comment balloon 3 commentsJoe Petrowsky • October 18 2017 03:05PM


She is definitely on a mission to home ownership. I wish her the best!

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) over 1 year ago

Buying a home or not what she is doing is good practice and hopefully she will be able to take advantage of a home loan.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) over 1 year ago

Good morning Joe. I love that you are not judgmental and just give direction and provide help.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 1 year ago