If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to [...]
A credit score is a numeral representation of your predicted credit habits such as the ability to pay your bills and loans back on time. Based on your credit score, lenders can estimate how creditworthy you are. Typically, a good score falls between 670 and 739 while a great score falls between 740 and 800. Anything above 800 is stellar! Therefore, providing your lender with your credit score is an important indicator of your credit behavior.
1. PAY DOWN REVOLVING ACCOUNT BALANCES
2. PAY YOUR BILLS ON TIME
3. ALWAYS PAY MORE THAN THE MINIMUM AMOUNT REQUIRED (IF YOU HAVE THE MEANS, EVERY LITTLE BIT COUNTS)
Ultimately, buying a home is a pivotal and life changing event. Therefore, to make the process smoother, it is advised for you to get a pre-approval to help speed up the process of getting your dream home. We can put you in touch with one of our reputable local lenders.
Give us a call today at any of our 3 locations and let’s get this process started!
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