Credit
Your credit history — the amount and type of debt your have, plus how you repay it — plays a key role in qualifying for a mortgage.
Many first–time buyers are unsure of what their credit history reveals and how it affects their ability to qualify for a mortgage. Affinity Loan Officers are experienced and can walk through the process of evaluating your credit. Call an Affinity Lending Center for a free consultation.
Warning — Beware of agencies offering "quick–fixes" or that charge money to clean up your credit report. You can work towards better credit on your own. There is no fast and easy way to improve your credit score. Time, patience and persistence are the keys to improving your score.
How Your Credit Score Is Determined
- Credit history
- Delinquent accounts
- Credit card accounts
- Public records, foreclosures and collection accounts
- Inquiries
How to Access and Update Your Credit Report
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