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Sunday, August 12, 2007

How Credit Scores Work

In this article, we'll find out how this formerly secret number is used and how it affects how much you pay for credit, insurance and other life necessities

I had to add this because I am a Mortgage Broker. I am always asked how to fix or improve your credit score. The most important thing when it comes to purchase or refinancing a home, is your credit score. The higher your score the better the rate that you qualify for.

Not to say if you have bruised credit that you cant get a loan. You can get a loan. The rates may be ugly but it is what it is!

All of those who are in need of a mortgage feel free to call me about all your mortgage questions. I have rates that start at 1%. For more information call me.

Ollie


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2 comments:

Hookah said...

Hi,very nice post thanks for the info.Keep it up

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