I Survived!!!

🙏I survived Monday....🙏

But it was not an easy task, to say the least!

Everything came unglued with one of our projects

And any work towards my goals was placed on the back burner

Stay focused and do not lose sight of your goals when things go sideways on you!

Have a great Tuesday!

#storytelling #Inspiration #MentalHealth #truPodcast

www.truvest.co


Another Work-Monday Blues🤢

Another work week...

Are you happy about going back to work on Monday?

Your goals do not need to be left behind! You can still set aside 30 minutes to work on them!

What holds you back from working on your goals during the workweek?

Have a productive Monday!

#storytelling #inspriation #mentalhealth #TruPodcast


Persistence Awaits You‼️

Hey guys, Ryan DeMent from TruPodcast here. I hope that you guys are having a great day. I wanted to get back on the persistence train, and where that's going to take you, and where it takes all of us on a daily basis. The thing that I want to start with is time management. Fortunately, today's Friday, and most people that work Monday through Friday get the weekends off. They can let their hair down, relax, and do necessary things around the house. But are you effectively managing your time to do productive things that help you meet or exceeds your goals? Or, are you just binge-watching Netflix, Amazon video, or whatever the case maybe? Could you have taken just an hour of your time binge-watching to be able to put quality time into achieving your goals? 

 

My personal thoughts are if I've got an hour of time that I just want to sit and watch TV, what else can I actually do instead? But that's just me personally because that's what I have learned while chasing after my own personal goals. There's time to just rest, time to recuperate, and then there's time to just chill out and spend valuable quality time with family and friends. I get all that. 

 

But are there hours in your day that you're wasting precious time, instead of focusing on yourself, your goals, and what you want to achieve? So what I want to say to suggest to you is the following. Hopefully this weekend, you could make time, whether it be an hour,  30 minutes, or just 15 minutes, to focus on your goals and being persistent with their requirements. I challenge you to that. Figure out how to find that time during this weekend, and get those things done. I'll talk to you guys on the other side.

 

Video Link 

 


The TruPodcast

Does taking Action Equal Change?

Hey guys, Ryan DeMent from Trupodcast. Hope you guys are having a great day. All right. We've talked about patience, happiness, action. And now we're going into commitment. And that commitment is huge. Because that means you don't get to waver from one side to the next, or put your head in the sand, it means you're going to do the work. And part of the commitment phase is patience. Because it's not going to come to you overnight, it's not going to come to you in two seconds, you can't snap your fingers. And it happened. It doesn't work like that. It needs time, as I say, to actually percolate, and get through the process. And there's a lot of steps in any process that you do. But the one thing that you got to be on top of his patience, and commitment, because if you don't stay committed to what you're looking for, in happiness, guess what? You don't get it. It's it, it's a fail, it's a move on. But guess what, you get to be able to do whatever you want to do, you are the creator of your life. So why not step up, find that commitment. And then go from there. But here's the other thing is you can have a commitment ally, could be a best friend, it could be a sibling, it could be a co-worker, it could be a parent, whoever you want it to be, but having some type of person in your life that can help you with that commitment that knows your goals that you're looking for. And that happiness that you're that you're chasing, that can only solidify where you want to go in life. To me, that's a huge win. I mean, share those goals with somebody and see where that goes. But at the end of the day, be committed, and I want to see you successful. I'll see you guys on the other side.

 


Just Putting It Out There!

 

When you embrace CHANGE.....

Life can take you down another path, and that is what happened with me and #TruPodcast!

The first episode is dropping tomorrow, Friday, November 20th!

Have a great day!


Changing Lives...New Walls Make a HUGE Difference

The Bayard Park Project is coming along....But without our AWESOME drywall team, these homes would not be where they are today!

These houses had plaster walls that were like a roller coaster when we walked into them earlier this year!

Now they are smooth and TRUE!

SO THANKFUL for the #TruHome Team and all the work they have put into these houses!

Stay-Tuned!

Turning Houses into TruHomes!


Is Life Winning Or Are You?

Short-Term Sacrifices for Long-term Goals
Do you have goals that get pushed aside because Life wins?
Wants and Needs are different for each of us, but are you chasing your Wants over your Needs?
How can we solve this challenge.....Decide to pay out less.....A.K.A. bills....And start retiring those bills.....And life starts changing.....
Start Saving and Start Winning Again!
Links to providers that can help you save. TruVest has no affiliation with providers.

Buying a Home can be Overwhelming.. But You Have a Friend in the Business

YES… it is possible to buy a home for your family, even if you do not know where to start! We are here to guide you.

 

Buying a home can be overwhelming and there are so many things you have to do before you can get your keys to your home. 

 

The very first thing you should do is find out what your credit score is. If you do not know what your score is you can get a copy of your report for free from annualcreditreport.com

 

Once you have your report look at the following items:

  • Locate and know your score
  • Are there any errors? For example Payment history, balance, date opened/closed
  • Do you have any collection, charge off or judgment accounts?

 

If there are any errors in your credit report you should dispute them to the credit bureaus. We found a free app that allows you to dispute your errors all in one place. The app is called UpTurn. We are still testing this app, but thus far we are quite pleased with the app. And you cannot go wrong with FREE!

 

If you’d like to talk to us about purchasing your first home, just leave a comment or send us a message! 

Get Your Free Guide:

How to Overcome The Four Obstacles That Are Holding You Back From Home Ownership!


Why Credit is Your Secret Weapon in Getting a Mortgage

Do you know how important your credit is in obtaining a mortgage? It is the secret weapon that will put you at the top of the lender’s list to approve your mortgage. But you have to do some work to ensure that your credit is ready to take on a mortgage. Before you start the house-hunting process you need to have your “Credit House” in order.    

 

There are three critical aspects of obtaining a mortgage; your credit report, the money you have allotted for the down payment as well as closing costs, and your income. Lenders want to paint a picture that encompasses all these aspects to make sure they minimize their risk and ensuring they are setting you up for success.

 

According to the American Bankers Association, less than half of all U.S. consumers know their credit score is or have reviewed their report in the last 30 days. Your credit score is the first thing a lender reviews and it determines if you get to go to the next step of the application process. TIP: Your credit score will determine your interest rate on your mortgage and what type of loan you will be offered.  

 

The next item is your down payment and monies you have saved for closing costs on your mortgage.  The more money you have saved towards both these will make the lenders’ decision much easier to approve you. Yes, there are loans, such as FHA loans that only require 3.5% as a down payment. Closing costs typically run between 2% and 4% of the loan amount. For example, on a loan of $100,000, there could be between $2,000 and $4,000 in closing costs. On that $100,000 loan, you would have to have $3,500 saved for your down payment. TIP: There are down payment assistance programs available for first-time homebuyers.

 

The last but not least important item in obtaining a mortgage is your J-O-B. The lender is looking for the following: how long have you worked at your current employer, do you earn enough to pay the mortgage and your bills on a monthly basis, lastly are you able to save money after all your bills are paid. These are basic items lenders look at, but the lender could ask for additional financial documents. TIP: The more you can save the better your application looks to the lender and the better your loan terms could be. 

 

Once you have all these items to your lender they will then produce a pre-approval letter that you can use to find a home. The pre-approval letter will explain all the terms of your loan and the all-important dollar amount you are approved for your home purchase.  At this point, you are ready to go out and start looking for a home. TIP: Your pre-approval has a 90 to 120-day expiration, meaning if you do not purchase a home during that time the lender will have to pull your credit again.  

 

If you are ready to be a homeowner the first thing you need to arm yourself with is your credit score. Get your free annual credit report and know where you stand with your credit. If you need assistance or have questions feel free to reach out to us by email or call us at (812) 777-5850.  

 


homebuyer

How To Purchase a Home When You Have Less-Than-Perfect Credit

How To Purchase a Home When You Have Less-Than-Perfect Credit

While not having such a great FICO Score does make it a little trickier to purchase a home, but there are alternatives out there to help you become a homeowner. Keep reading to discover what you can do to become a homeowner even if your FICO Score is less-than-perfect.

 

Research government-backed funding programs

 

While standard financing programs normally have a minimum FICO Score of 620, government-backed mortgage programs - such as FHA, VA, and also USDA - tend to have looser credit qualifications. In each case, the Federal Government is the entity that backs your loan if you default, which assists lenders with their losses.

 

The minimum FICO Score for each loan type are below:

 

FHA: 500 - 579 FICO Score with a 10% down payment or 580+ FICO Score with a 3.5% down payment.

 

VA: VA loans have no official FICO Score requirements. Instead, each application is evaluated on a case-by-case basis. All though, the mortgage provider you select could have a minimum FICO Score requirement.

 

USDA: Like VA loans, USDA loans have no defined FICO Score requirements. While a FICO Score of 640 is required for a streamlined approval process, homebuyers with lower FICO Scores could be approved based upon extenuating circumstances.

 

Keep in mind that if you're looking at one of these options to purchase your home you should determine if the lender you are wanting to work with has extensive experience. Take your time and research the lender, and do not be afraid to ask questions.

 

Saving More Can Help You Get Approved

 

Keep in mind, your FICO Score is only one of the elements that are taken into consideration when obtaining a mortgage. Your yearly earnings, work history, as well as the amount of money you have saved - or the funds you have for your down payment and closing expenses - will certainly also play a role. If you have a lower FICO Score one of the best ways to get a mortgage is by showing your lender your savings. Tip: The larger percentage of your down payment to your purchase price equals LESS risk to your lender.

 

Take a Look at Portfolio Lending (Owner Financing)

 

If you don't qualify for traditional lending, your lender could offer you another option that is called Portfolio Lending. With portfolio lending(Owner Financing), your lender does not sell your loan to a third-party company like Fannie Mae or Freddie Mac, the lender will maintain your loan as part of their in-house portfolio.

Because your lender is not selling your loan to a third party, they can establish their own underwriting criteria. Additionally, be cautious about the terms the lender offers you. Lenders that provide portfolio lending typically offer higher interest rates, and could also charge more origination fees (Which have to be disclosed). 

 

Work with a Non-Profit that Provides Credit Services

 

If all else fails, you can always find a local non-profit to work with to improve your FICO Score. Do not be afraid to ask for assistance! With all the different pieces of information that go into your FICO score, it is hard to know what piece(s) will improve your score. Design a plan with your counselor that works for you, and provides clear milestones.

 

BONUS TIPS:

 

  1. Know your credit! Get a free copy of your credit report
  2. If you need help understanding your Credit Report….Get Help
  3. If your FICO Score is at or above 620...Great
  4. Find a Lender that you want to work with. There are some great 1st-time home buyer programs out there. Here is a list of them by State
  5. Understand how much you can afford and what costs are part of your mortgage payment 
  6. Save for a Down Payment. As little as 3.5% of the purchase price (Grant options are available)
  7. Know what Closing Costs will be on your loan and have those monies set aside
  8. Start researching homes in your budget 
  9. Attend open houses and THINK…..Long Term
  10. Prepare to close on your new home and move

 

 BONUS BONUS TIPS

 FICO Scores below 620...Here is what you can do to supercharge your Score!

 

  1. Pay off any collection accounts. If you cannot pay off all at once start with the smallest balances. The others work with the creditor on a payment plan that works for your budget. 
  2. Judgments/Liens- Contact the Creditor to work out payment terms. The longer they are unpaid the more accrued interest you will have to pay.