Tag: Credit Score

How Credit can Impact Your Mortgage Payments
Posted on 12/15/2019
How Credit can Impact Your Mortgage Payments
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
+ 1 more
Read More
How Will Applying for a Mortgage Affect My Credit?
Posted on 12/08/2019
How Will Applying for a Mortgage Affect My Credit?
Preparing to buy a home is a long and stressful process for many. You’ve spent months, or even years, saving for a down payment, planning your future, and building your credit to ensure you get the best possible interest rate on your loan. Then you find out, when getting preapproved for a mortgage, that your credit score dropped by...
Read More
Building Credit As A Renter Can Help You Buy Your First Home
Posted on 11/10/2019
Building Credit As A Renter Can Help You Buy Your First Home
Having a high credit score is one of the most important and helpful things you can achieve before buying a home. A solid credit history will give you a better chance of being approved for the home loan you want and getting a lower interest rate so that you know you’re getting a good deal on your first home....
+ 2 more
Read More
Balancing Your Debt to Credit Ratio
Posted on 10/06/2019
Balancing Your Debt to Credit Ratio
It's easy to get stuck without a mortgage approval or with a smaller home loan than you want, just because you don't understand how your credit score works. Most of the things you've done to prepare: budgeting your income, balancing your bank accounts and saving up for a down payment, aren't reflected in your FICO credit score. It...
+ 1 more
Read More