The most repeated error that a mortgage note holder gets in my judgment begins when the note holder starts to put the note together. What they do, or I believe I should say what typically does not happen is checking the buyers credit report to determine a credit score ahead of putting your signature on that mortgage note. When I first started seeing this practice,  I really was quite shocked, and now that I have been in the note buyers – note selling business for sometime I see this not checking the buyers credit score business more times than I care to count..

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The most repeated miscalculation that a mortgage note holder generates in my judgment begins when the note holder starts to put the note together. What they do, or should I say what they don’t do is check the potential buyers credit score ahead of signing in the signature box on the mortgage note. When I first started seeing this practice,  I really was quite shocked, and now that I have been in the note buyers – note selling business for sometime I see this not checking the buyers credit score business more times than I care to count..

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