California Mortgage Lender Launches its New Free Fast Service to Improve & Rescore Credit

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California based Mortgage Company, is taking the lead in helping borrowers having problems refinancing or purchasing a home due to a low credit score.

California based Mortgage Company, is taking the lead in helping borrowers having problems refinancing or purchasing a home due to a low credit score. The credit Rapid Rescore process is completely free and in most cases, can be completed within 72 hours. Recent cases have shown increases to FICO scores in excess of 100 points. Unlike firms that charge in the hundreds and at times thousands to repair individuals' credit reports; this program focuses on a fast no cost result for applicants. Not only can a low credit score affect the ability of someone to qualify for a loan, but also more importantly, it can cost you in a higher rate, less favorable terms and possible higher closing costs.

The process is a simple and effective one, not to mention that it is recognized and accepted by all three major credit bureaus. As we all know, from time to time, inaccuracies can appear on our credit report. The key is the removal of inaccurate items, not valid derogatory items, although at times creditors have been known to make one-time accommodations with the removal of valid late payments. When an item is inaccurate and the creditor has acknowledged its mistake, the deletion can take up to 60 days to disappear through the normal process. Not until it is gone will the score change and hopefully for the better. Upon receipt of documentation from the creditor regarding the deletion of the inaccurate items, will expedite the process by working directly with the major bureaus in making the corrections within a few days not months.

In the event that a borrower's score is low but not due to inaccuracies but other matters such as high debts, has another free alternative for an applicant. They are still more than willing to assist the borrower by means of a software-based credit model Balance Simulator to project the outcome of balance transfers. For example, let's say that you have several cards that are at their limits with regards to the outstanding balances. What if you were to move a portion of these balances to other cards or maybe just pay a few down? What would the projected outcome be, without actually going through the process? works one on one with borrowers to find out, again at no cost to the applicant. More importantly, if in fact these changes show a potential improvement in the applicant's credit score, it could be at least a month or more for the bureaus to adjust scores. Through's Rapid Rescore process, immediately after the balance adjustments, anyone within a short period of time could increase their FICO score, thus, facilitating the best rate and terms for their particular situation.

It is important to note that it does take some effort on behalf of the applicant and that not all results will have similar outcomes as above mentioned. Borrowers need to be aware that this service is only provided to existing homeowners or prospective home-buyers that are applying for a loan through Each borrower is considered on a case-by-case basis and not all borrowers will qualify for the Free Rapid Rescore or Balance Simulator service. It is solely at the discretion of who they will or will not assist with these forms of credit improvement services. This service is principally for California homeowners and California home-buyers. Although may be able to assist those in other states, they are presently only offering this for transactions in the state of California.

For additional details and information on the free Rapid Rescore or the Balance Simulator service contact a representative at 1 (800) 471-FUND (3863) ext. 147. Additional information pertaining to any Fixed or Adjustable Rate loans can be found on their website; A wealth of useful consumer information can be found on the Home Page under the link Consumer Focus. Please note that like any other loan product mentioned on their website, the programs have certain underwriting limitations and guidelines that need to be met; not all borrowers or properties will qualify. is licensed by the California Department of Real Estate, license number 01316309.


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Robert Cano
(800) 471-3863 147
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