Long Beach Home Loans - Understanding Your Credit ScoresLong Beach Home Loans- Understanding how your credit score will affect the purchase of Long Beach homesLong Beach Home Loans - Understanding Your Credit Scores
Understanding how your credit score will affect the purchase of Long Beach homes.We all know that a good credit score is not only helpful, but today it is necessary to get a mortgage to purchase Long Beach homes, or even buy a car. Your credit score will also determine the interest rate you have to pay. Factors that go into figuring a credit score?
Read Also: How to establish credit
What do the Credit Score numbers mean?Your FICO score is comprised of a compilation of your credit history from the three major credit reporting bureaus, Equifax, Transunion, and Experian. Basically your credit score is determined by a formula that is calculated that is proprietary information and owned by Fair Isaac. Your credit score number will be between 300-900, and the higher the number the better off you are. Are you ready to start the process of applying for a Long Beach Mortgage now? Before you approach a lending institution for a Long Beach home mortgage, know where you stand with your credit score. Not sure where you stand, a good Mortgage professional will assist you with obtaining a copy of your report. After obtaining a copy of it, they will review it with you and assist you to resolve any issues that are affecting your credit score negatively.
Guest author: Colleen Kulikowski, Buffalo NY Realtor
http://www.longbeachrealestatehome.com/0062E6 Posted on November 14, 2008 11:55:46 by Laurie Manny
Comment from: Kelly Kilpatrick [Visitor] Laurie, I love your MLS buttons and I love the Fico score photo. This is a nce easy way for clients to see what goes into the making of a credit score. Laurie You are the #1 Long Beach Real Estate agent! Comment from: Laurie Manny [Visitor] Kelly, I thought that picture was pretty kewl too. Colleen is a "Dancing with the stars" fan, lol... Colleen put together a great article for consumers. Kevin, Mutual admiration committee, lol... Comment from: Colleen Kulikowski [Visitor] Laurie -- Thanks for the wonderful opportunity to guest write on your site! It was fun writing for someone else... You have to admit that the photo was perfect! Comment from: Dennis Blackmore [Visitor] Great pictures!! Comment on this article This post has no comments awaiting moderation. |
To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.





















