Your credit
Your credit is a factor with a big influence when trying to obtain a mortgage loan learn an easy form to keep it safe
All your activities made through your lines of credit like credit cards, telephone companies, bank loans, students loans and specially mortgage loans, are registered in your very personal file “Credit record”
Your payments delay gets recorded negatively affecting your credit score, and your punctuality in your payments also affect your credit but in a positive way.
Have you experienced not being able to qualify for the lowest mortgage rates available because of your credit rating and/or score? Identity theft can happen to anyone and many don’t even know it until they need financing and find that their credit has been affected by bad records and their financial loan get’s denied or offered with a high interest rate.
Reviewing your credit once a year is a good and peace of mind giving habit, you can do that here
I invite you to follow me @jmortgageca
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