Wednesday, April 11, 2012

What happened to my credit score??

We all know how important it is to keep our credit history in good shape.  You know, ... always pay on time and don't get too much credit.  By doing this it almost always assures that your credit score will be higher too.  But, sometimes we do seemingly logical things that drop our scores overnight.

People contact me all the time about this issue and they really have no idea what they did to make it drop 50 points.  That is why I put together this short video.  If you are aware of these things you will be able to manage your credit wisely and never again be surprised.

Remember, your score not only determines what you qualify for but it also determines how much interest you will pay.





I hope this video helped.  If you have any questions you can find out more at mortgage underwriters, or just send us an email.

3 comments:

  1. A good credit history is essential to become eligible for a home mortgage loan. The underwriter, appointed by the lender, is responsible for judging the risks associated with offering you a home mortgage loan. In other words, an underwriter plays a crucial role in determining your eligibility to obtain the loan.

    ReplyDelete
  2. Thanks for the info, it was really helpful. I'll surely visit back again later.


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  3. I think this blog is very helpful for Mortgage Underwriting


    Thanks for sharing.

    ReplyDelete