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 whole process was smooth
Grant is intelligent, communicative, intuitive, and timely. He was with me every step of the way. He called every week on Tuesday. He gave me options. He trusted the process. He encouraged. He worked towards a solution no matter the adversity. Best lender I’ve ever dealt with.
Great communication from start to finish. Professional teamwork. I was never wondering what was going on or what the next step was. Grant and his team kept me well informed and stress free!
Grant's professionalism went above and beyond. His weekly updates are the best and there was never any doubt, question or concern about anything because he always answered phone calls, texts or emails in a timely manner.
Great communication and sense of urgency.
I loved the level of communication between everyone on the team and myself. Grant provided the best level of service I’ve ever received.