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How Credit Scores Impact Mortgage Applications:

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About Video :
How do credit scores impact mortgage applications? Credit scores measure debt and your ability to pay back loans Especially today, your credit score will determine your mortgage and interest rate. What credit score should you have and how can you improve


Duration : [ 2 mins 16 secs ]

Shared by : Jimmymackin
Jimmymackin's total Posts : 66
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Total Votes : 1

Realgeni



Joined: 13 Apr 2009
Posts: 1434

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PostPosted: Fri Aug 21, 2009 11:59 am 
Good post
 
Jimmymackin



Joined: 17 Aug 2009
Posts: 66

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PostPosted: Fri Aug 21, 2009 12:06 pm 
Thanks

I thought it was interesting
 
juliastarr25

juliastarr25

Joined: 09 Oct 2009
Posts: 3

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PostPosted: Fri Oct 09, 2009 8:55 pm 
Very informative. But I would also like to add that you should try not to pull your credit report too many times. I find alot of people with low credit scores tend to apply for credit or mortgages alot and people just dont know that pulling your credit report too many times can lower your credit score even more. So try not to unnecessarily pull your credit if your trying to rebuild or keep your credit score.
 
sunnyca2009



Joined: 04 Aug 2009
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PostPosted: Fri Oct 09, 2009 9:02 pm 
One more poitn to consider is,

If you are looking to apply for mortgage, if you apply at multiple places with n 30 days your credit hit will be probably only once.

If report was pulled mutiple time with 30 dayas for the same kind of service, then the impact is less
 
suyog



Joined: 23 Sep 2009
Posts: 44

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PostPosted: Fri Nov 13, 2009 1:26 am 
Very very good imformation. It is important information to improve your cradit score. It is good guidance for increas cradit score.
 
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