Improve Your Credit Score
You have probably heard about that mysterious number called a Credit Score. But do you really know what it is and why you should worry about it, much less work on improving it?
If your credit score is too low:
You will pay a higher interest rate when you purchase a home.
You will have to buy a cheaper home due to the paying higher interest rates.
You may not be able to purchase a home at all.
You may have to pay a higher down payment to purchase a home.
Your overall costs of buying a home will be higher.
You will have a hard time getting credit cards and other credit....and pay more for that credit, too.
By improving your credit score:
You will pay lower interest rates when purchasing a home.
You will be able to purchase a higher priced home due to paying lower interest rates.
You may be able to get a lower down payment to purchase a home.
Your overall costs of buying a home will be lower.
You will find it easier to get credit cards and other credit...and pay lower interest rates for that credit, too.
Here is a startling real estate fact that you may not know.
Because of the "housing crisis" and the current economic situation, the credit score needed to purchase a home has been getting higher and higher!
Now is the time to learn how to improve your credit score!
A loan office on my team, Howard Holtzman, has studied what it takes to bring up a credit score. If you take the wrong steps on your own thinking it will help, could actually take your credit score the opposite effect!
If you would like to find out more, simply fill in all of the information below and click on submit.
We will get in touch with you to set a time for the meeting. There is no cost to meet with Howard and Linda to learn this important information. We only hope that you will remember us when you are ready to buy a home.
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