Credit Tips When Applying for a Mortgage
Credit Tips When Applying for a Mortgage
- Minimize Credit Inquires. It’s important to know your credit score, but too many inquires may reduce your credit score.
- Don’t establish new credit. New credits can lower your credit score. Applying for a ne credit 2-3 months before applying of a mortgage may lower your credit score and impact the rate.
- Leave unused credit alone. Keep your old accounts open, even if you are not using them.
- Seek advice before paying off past due balances.
- Hire and expert
- Credit Score. Ask your loan officer for a breakdown of your tri-mergers credit score and what it means.
Credit Tips When Applying for a Mortgage
Good credit is critical when it comes to obtaining the best interest rates and terms on a mortgage. John Coneys of Freedom Mortgage, (NMLS# 183853 ) and I want to offer you some credit tips for when you do decide to apply for a mortgage. #RealEstate #Realtor #BuyersMarket #FreedomFast #CreditTips #LetFreedomHelp
Contact me to learn more.
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Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.
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