DONT LEAVE MONEY ON THE TABLE

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If you’re not having your loan officer do this, you could be leaving money on the table.

At the beginning of the loan process the mortgage loan officer will run your credit.

The credit report is instrumental in determining a few things:

    1.    Credit score
    2.    Current debts with the outstanding balances and payments
    3.    Payment history
    4.    Negative credit history

Your credit score will determine the interest rate you can get.

Here’s where you may be leaving money on the table, if your credit score came in really low you’re likely to get a higher interest rate.

Ask your loan officer to run a credit simulation to see if there are things you can do to increase your credit score.

Doing so may help you get a lower rate and save money.

NMLS# 1519991
Equal Housing Opportunity
Категория
Кредиты и займы
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