Released on = April 2, 2007, 9:29 am

Press Release Author = Todd Bierman, David Masten LLc

Industry = Financial

Press Release Summary = David Masten LLC has long been in the business of helping
mortgage applicants groom their credit scores prior to applying for a loan. Now the
company is preparing to actually loan the money needed to raise these scores as part
of the entire mortgage transaction.

Press Release Body = As Subprime Mortgage Supply Withers, One Provider Launches
Credit Score Loan Program

David Masten LLC has long been in the business of helping mortgage applicants groom
their credit scores prior to applying for a loan. Now the company is preparing to
actually loan the money needed to raise these scores as part of the entire mortgage
transaction.


Using sophisticated computer software and up-to-the-minute credit data, the company
has pioneered small, hard money loans for their client base.


"Loans of ten to 20 thousand dollars don't make sense to most lenders. The feeling
is that the risk is high and the reward small for loans of this size," says Todd
Bierman, Chief Information Officer for Masten. "Much has changed, though, with the
advent of new expert system software that models credit profiles and pinpoints
potential score improvements. The process has been vetted through experience with
hundreds of clients. There is good assurance that money supplied to pay off specific
debts will be repaid with a subsequent home refinance loan."

Here is how it works. A client's credit report is analyzed by an experienced
operator using proprietary analysis tools developed by David Masten LLC. A report on
paying down selected debts and the subsequent expected rise in credit is created.
The resulting profile is use to pre-qualify the applicant for the end mortgage loan.
Next, a loan is approved for the amount needed to optimize the credit profile,
generally a minimum of $10,000. The money is paid directly to the creditors through
a title company. Within 30 days, the account balance information is updated by the
creditors and reaches the credit bureaus. Experience shows that the score increase
is simultaneous to the balance update, and that the software's predictive capability
is extremely accurate.

The client not only has better credit, but a lower debt to income ratio. Also, since
their credit debt is much reduced, they have an easier time qualifying for a loan
that doesn't require they get extra cash out since much of their revolving debt has
already been eliminated in the first loan.

"Everyone wins. The client gets a less expensive loan for the bulk of their
mortgage, the loan is easier to apply for and approve, and more important, their
credit health is much better by any standard."


Web Site = http://www.betterfinancialsolutions.com

Contact Details = 14 Wall St. Suite 8A
New York, NY, 10005