We’ll make sure that before you’re ready to purchase or refinance, you have all of your ducks in a row!
Let’s Start with Your Credit Score…
We’ll help you address the dings that need repair now in case you have issues that need time to resolve.
That said we’ll make some recommendations that can also increase your scores within a short window of time.
1. DISPUTE ERRORS
Mistakes happen. We’ll help you identify errors on your credit report and guide you in taking steps to get those errors removed.
2. UNDER-USE YOUR CREDIT
It’s best to keep your debt-to-credit ratio at 30 percent, or lower. That refers to the amount of credit you’re actually using compared to the total credit available to you. Low ratios help your credit rating.
3. CHECK YOUR LIMITS
Check to see that your stated credit limits are current. You don’t want them to mistakenly show that they are lower than they should be.
You may want to get your limits raised, but don’t increase your spending.
4. DON’T CLOSE ANY CARDS
Canceling a credit card will cause your available credit to drop. You can always keep a card active by putting a recurring charge on it, like your utilities.
5. PAY YOUR BILLS ON TIME
Your payment history makes up a whooping 35 percent of your FICO score!
6. KEEP OLD “GOOD DEBT” ON RECORD
Well-managed, long-term debt is a big plus for your credit score.
Everything we’ve mentioned here can help you improve your chances of qualifying for the right mortgage product for you.
Call us for more ways to SAVE!
