Wednesday, August 17, 2016

Thinking About Buying A Home - 6 Ways to Improve Your Credit Score



START HERE with Silver Alliance Realty


Step 1: Get Credit Score into Great Shape

The higher the credit score, the lower the mortgage interest rate.  Most lenders agree that a credit score of 740 or higher qualify buyers for the best mortgage interest rates.

Here are some helpful tips to increase your credit score:
  
o   Keep your balance low in relation to your available credit
o   Pay your bills on time
o   Make more than the minimum payment
o   Don’t open a lot of new accounts over a short period of time.
o   Pay off credit card debt rather than transferring it
o   Review your credit report regularly and correct errors
(information provided by www.whatsmyscore.org)
Consult with your lender who will give you the best strategy to improve your credit score.
Step 2: Contact Tom and Mary!!
www.SilverAllianceRealtyAZ.com
www.Facebook.com/Platt.Team.AZ
Tom Platt
(602) 615-8470
Tom@PlattTeamAZ.com
If you are currently not working with a lender, we can provide you with the names of experienced and trusted lenders we frequently work with.


We receive no compensation from any lenders we refer to our clients.  We work with these lenders because they have repeatedly gotten the job done for our clients. 



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