What You Should Know About Your Credit Score!
Posted by Larry Tollen on
Buying A Home with A Mortgage: What You Should Know About Your Credit Score!
If you are planning on buying a home and and getting a mortgage, knowing your credit score before you start looking is a critical piece of information, particularly in today's low inventory environment. When mortgage lenders review your credit they are focused on a variety of things such as your timeliness in making your payments, have successfully paid your debts, how much credit you are using and more. Your Credit Score Will in Large Part Determine Your Mortgage Rate.
While your credit score isn't the only deciding factor when being considered for a mortgage, it is most definitely a significant one. Your credit score is commonly referred to as a FICO score and can…
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