2019 Idaho Real Estate Blog

2009 -- The Year Of The Credit Score Main Boise Home Loans
I am dedicating my blog to credit scoring in 2009. The mortgage meltdown has dramatically increased the minimum credit requirements needed for a conforming conventional mortgage. Understanding how to achieve AND keep the best credit scores now is paramount.


Dear reader:

Unless you live on a remote island and are completely disconnected from the rest of the world, you undoubtedly have heard about the mess our economy and the broader worldwide economy are in. Without getting into a discussion about what caused it (been there, done that...many times!), I am now focusing on teaching you how to SURVIVE in it, with credit scores being the focus.

Too many people ignore their credit because they perceive it to be either impossible to understand, or too frustrating to work on. They put off credit repair and never get to the efforts needed to improve their scores...until the time when they really need good credit scores. This is usually when they are considering buying a new home or refinancing an existing mortgage.

In this day and time, low credit scores will devastate your ability to function in our "new economy." Low credit scores will make it difficult, if not impossible, to rent an apartment or home, get a new cell phone contract, get a job, or even renew your auto/renters/homeowners insurance. Creditors are not going to be sympathetic to your situation. The only one who will have your back...IS YOU!

Follow this blog through 2009, and pass the web address for this blog on to everyone you know and care about. I am going to provide you with the knowledge YOU NEED to survive and thrive in this new world.

If you are interested in talking more about this post or a specific credit scoring issue you have or know about, feel free to call or email me at (208) 880-0316 and You can also visit my website at

Best Regards,

Eric Leigh, Mortgage Consultant
2965 E. Tarpon Drive, Ste. 150
Meridian, ID 83642
(208) 880-0316
Posted by Eric Leigh at 1/2/2009 3:31:00 PM
Comments (2)
Re:2009 -- The Year Of The Credit Score
So what is your first advice?
Posted by on 1/2/2009 11:03 AM
Re:2009 -- The Year Of The Credit Score
Hard question to answer because I have a very long list of items I am going to discuss. I guess first would be to know that the new minimum credit score required to get the best rates is now 740. A year ago it was 680.

Do everything in your power to make sure your score is no less than a 740 at all times.

Much more to come...stay tuned!

Posted by Eric Leigh on 1/2/2009 11:52 AM
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