Don’t Close Any Accounts It makes it look like you have less available credit. Pay accounts down to 30 percent, or pay them off if you insist, but DON’T close them! Keep Bank Statements, Pay Stubs Readily Available Don’t Buy Furniture, Appliances or Anything New accounts create a FICO-reducing triple whammy of a new account/inquiry, […]
“Maintaining a strong credit score is one of the most important things potential buyers can do if they want to qualify for a mortgage” … Maintaining a strong credit score is one of the most important things potential buyers can do if they want to qualify for a mortgage, since credit scores are used by […]
Fear Is Holding Many Buyers Back, according to Wells Fargo, their newly released survey is covered in this article dated 09/15/2014 from RealtorMag… Nearly two-thirds of Americans recently surveyed say they believed a stellar credit score was necessary to purchase a home, and more than 40 percent said they needed a down payment equal to or […]