Tag: Credit Score

Posted on 03/17/2025
What You Need To Know About Pre-Approval
Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage. Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and makes your offer stand out for sellers. ​Connect with a...
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Posted on 03/12/2025
Key Financial Factors for Potential Homeowners
Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...
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Posted on 06/19/2024
Worried About Mortgage Rates?
Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is mortgage rates are impacted by a...
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Posted on 04/26/2023
Know your credit score: Mortgage terms & approval basics
If you're planning to buy a house, managing your credit score is vital. Mortgage lenders use credit scores as a benchmark for qualification, and a lower score can hurt your chances of being approved for a mortgage. Here are some more details about how credit scores affect your mortgage loan chances: What should my score be before I...
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Posted on 04/14/2021
How Credit Scores Affect Your Monthly Payment
Photo by Lukas from Pexels Before you even start looking for a home, you should know what your credit score is. You can pull your own credit score from the three major bureaus without having points deducted from your credit score. You should know your score since it will affect how high your mortgage payments will be, and...
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