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 about the process was shared each step of the way.
Brynn’s explain action of the whole process. Brynn and Kim’s communication
The entire Summit team was great from start to finish! Brynn, Kim, and Adrien were very helpful throughout the process for buying our first home!
EVERYTHING WAS PERFECT! So easy, ready to close 3 weeks before closing, just stress free!
Every single person I worked with on this loan was amazing: Brynn, Kim, Adrien, and Kris were kind, prompt, responsive, and encouraging. I had such am amazing experience!
We were very impressed by the high level of professionalism and personal touch, very much enjoyed our experience.