When Jonathan B. started his journey, the numbers told a really tough story.
With an initial credit score of 516, he wasn’t close to loan-ready, even despite having income, intent, and a real desire to buy a home. High utilization, past-due accounts, collections, and charge-offs were holding his profile back. And like many borrowers, Jonathan didn’t need motivation. He already had that part. He just needed a plan.
Rather than being turned away and left to figure things out on his own, Jonathan’s loan officer at AnnieMac Home Mortgage connected him to CredEvolv. He enrolled with one of CredEvolv’s partnered HUD-certified, nonprofit credit counselors, who created a Structured Success Plan designed to address the factors that mattered most in getting Jonathan qualified for a mortgage.
Focusing on what moves the score
From the beginning, Jonathan’s strategy centered on the two most powerful drivers of a FICO® Score: payment history and utilization.
Jonathan worked closely with his counselor to:
Bring revolving balances back under their limits
Reduce overall utilization month over month
Resolve past-due amounts and correct reporting issues
Challenge inaccurate late payments, collections, and charge-offs
Remove unnecessary inquiries when eligible
Every action was done in a strategic sequence. And his progress was tracked across all three bureaus.
Consistent progress, month after month
Jonathan’s results were steady and measurable.
He had already seen meaningful gains across TransUnion, Equifax, and Experian, as his credit card utilization dropped from the 40% range into the low 30% range and delinquent accounts were corrected.
In the months that followed:
Collections and charge-offs were fully removed
Multiple late payments were deleted
Inquiry clean-up strengthened his overall profile
Scores across all bureaus continued trending upward, crossing into the 600+ range
Even when his utilization temporarily fluctuated throughout the process, his underlying credit profile was stronger, cleaner, and far more aligned with lending standards.
From “not ready” to approved
With an initial credit score of 516, he wasn’t close to loan-ready – despite having income, intent, and a real desire to buy a home. High utilization, past-due accounts, collections, and charge-offs were holding his profile back. And like so many borrowers, he already had the motivation – but just needed someone to help him with a plan and walk beside him to help him execute it.
Rather than being turned away, Jonathan was connected by his loan officer at AnnieMac Home Mortgage and enrolled with a nonprofit credit counselor, who created a Structured Success Plan that truly helped Jonathan succeed.
For Jonathan, the moment spoke for itself.
“Thank you so much for all your help. I was able to get approved for my home loan. I couldn’t have done it without you.”
