Credit scores range anywhere from 350-850 and are impacted by a range of factors.
Your number is determined by five combined factors to make up your personal score. Yes, your credit score is an important element to your home buying process, but even if your score is lower than desired, don’t give up! At Summit Funding, we have a team of knowledgeable loan officers who will work with you on your credit strengths and guide you through any weaknesses. Your new home is the ultimate finish line and we want to cross it with you.
This looks at what types of credit you have.
New applications for credit might cause you to be risky and lower your score.
How long your accounts have been open. If you are going to close an account, DO NOT close the oldest.
How active EACH of your accounts are will affect this portion of your score.
Making sure that you have your payments in full and on time.
The communication, integrity, the drive, honest feed back when needed!
Krishneel and his team is the BEST!!!! They helped us through the whole process, and everything was great. I would recommend the Sharma Team to anyone I know.
It was great because they always gave me support, information and they were with me from start to finish.
Fast and made it easy transaction
The willingness, patience, empathy from Marlon all the way through the process.
Give us hope, working hard every day, and never given up.