Dan Dowling Blog

Local Couple Buys First Home - At Best Interest Rates - Less Than 3 Years After A Chapter 7 Bankruptcy! Here's the story of another nice couple that I the pleasure of serving. Two borrowers were buying a home. One had a Chapter 7 bankruptcy discharged 2 years ago. The other had never filed bankru...

Builder Turns Down Single Mom's Loan - We Got Her Approved At 2% Lower Than The Builder's Lender Turned Her Down At!!! Our client was a single mom with 3 kids. She'd really been run through the ringer by an ex husband who left her high and dry with damaged credit. She had $15,000 in collections, ...

  Essentially it's this. A freeze makes it so nobody can issue you new credit without you "thawing" your credit. This can take several days.  A fraud alert allows merchants to grant you credit, however they must go through extra steps to validate your identity. This usually includes calling you o...

 I'll never figure it out. Especially in this market. Why on God's green earth would  you even think of selling your home by yourself? I can only imagine these people are "do it yourselfers" on everything. Why stop at selling the house. Why not make your own clothes and cut your own hair. Madness,

  For some purchases, you can't beat private money. I recently had a gal who just started a brand new business. She wanted to buy 20 acres of raw land. Shaky credit to boot. No lender in the world would touch it.  I just called one of my "connections" and we funded the deal in a little over a wee...

  I can't tell you how many times I would help a client and then for some odd reason they would go with a competitor because it was convenient, or their sister got in the business.Don't give up on these folks! If you stay in touch with them they will come back. Especially if you're excellent at w...

  One of the best things you can ever do to promote yourself as the expert is to get written about in national publications. Just today I had an article published where I was asked for my analysis of the markets. I'm not posting this to astound anyone, quite frankly, I'm astounded. None the less,...

 Giving is like a boomerang. A close friend of mine's father had a business he sold for over $10,000,000. I've always tried to learn as much from the man as I could. I'm always trying to get his stories out of him. One night he relayed the following story. "When my father ran the business he woul...

 Let's dispell a credit myth. How important do you suppose paying your bills on time really is to your credit? Most people are suprised to learn that paying your bills on time is only 35% of your total score. This means that 65% of your score is determined by other factors. Failing to understand ...