Credit and You on Home Loan

Subscribe to articles about Borrower's Tips

Your credit score is the most important factor in determining what rate you will get from the lender. Having a healthy credit score has many benefits: higher lines of credit, more lines of credit, and being trusted by credit institutions. To the lender, a high credit score means that you have a history of meeting your financial obligations in a timely matter. This means that lenders see you as less of a risk and reward you with lower rates. A higher credit score also mean that you can borrow more (raising your LTV) without incurring any rate increases or additional fees. Your credit score is important, keep it high and maintain it for the best possible rates.

California Mortgage Rates


Related Articles

October 28, 2014

Insurance

Do you have all the bases covered if a catastrophe hits Do you know exactly what your homeowners' insurance covers...

May 21, 2014

Ongoing Lock or Float Considerations

The Fed has stayed the course on their 10bln per meeting reduction in bond buying though markets have handled it...

March 24, 2015

Remodeling Projects: Evaluating Cost vs. Value

Remodeling Projects Evaluating Cost vs Value Home renovations can be tricky You want to improve your space and the way...

More Mortgage Articles