Know Your Credit Health
Your credit is one of the most
vital pieces to you being
approved or denied!
Does it have a bad family history of late pays, collections and charge offs?
When your credit is pulled does an ambulance automatically show up with a denial gurney?
These are just a few of the analogies we came up with to get you thinking about your credit and hopefully you also cracked a smile.
Did we mention your Credit Score is IMPORTANT?
We will use your Credit Score as its main tool to judge if you are going to pay the lender back on time or give them another unwanted foreclosure.
If you already know that your credit is not a 620 or higher please do not let that stop you.
There are ways to improve your credit score quickly. It could also take months or years to fix your credit. The point is that if you don't start your credit will probably never get better.
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Check out the rest our Florida Mortgage University tips for Home Buyers! Be Prepared to Explain Your Past Credit History |
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