03 Sep 2021
By 24hr Mortgage

FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

Mortgage Rates, ,
Is your credit score holding you back from getting the best rate on your next mortgage? The good news is that there are actions that you can take to increase your credit score and improve the interest rate offered on your next home loan. Here are a few easy and effective tips to help you get your credit score to where you want it to be. Increase The Amount Of Credit Available To You The easiest way to increase your credit score is to increase your credit limit, as this reduces your utilization ratio. To do this, you can either…
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29 Jul 2020
By 24hr Mortgage

Three Ways That Your Credit Score Affects Your Mortgage and Your Chance of Obtaining One!

Home Buyer Tips, ,
If you're thinking of buying a home, you've probably been thinking a lot about your credit score as well. Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could impact your mortgage application. Your Credit Score Affects Your Ability To Get A Mortgage The first thing your credit score tells a lender is whether they should lend to you at all. In some cases, if you have a very low credit score, you may…
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