Among other criteria, mortgage lenders review a borrower’s credit score to help determine the rate and the loan programs available to them. Those with stronger credit scores may receive lower mortgage rates. The infographic below explains credit tips for those on the journey to homeownership. Whether you’re just establishing or repairing your credit, don’t wait until you are in the market for a new home to begin thinking about your credit history!
About The Author
As one of the top rated mortgage professionals in New England, Amy is sought out both locally and nationally to speak at mortgage industry events and training programs including the “Turn on Your Million Dollar Brain” workshops. Amy has also been featured in both radio and print media including the programs “Financially Speaking” and “Money Matters,” and “Mortgage Originator” and “Banker and Tradesman.” Amy regularly shares her industry knowledge via her weekly blogging to keep clients and industry related professionals apprised of the latest news, trends, and tips in the mortgage industry.
Senior Mortgage Loan Officer at radius financial group inc. Amy has been in the business for a long time and hopes to educate you with this blog. To learn more about Amy click here.