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, Inc., 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.
Communication and speed
Diligence and effort to get the best product available for our needs. There are a few bumps in every path, Cleo and his team worked hard to make it as smooth as possible.
Summit Funding Help us purchase our Home. Cleo and Kristy bring back the positive spirit on us after having a very bad experience from other the lender. We Highly recommend Summit Funding and Cleo Garza as Loan Officer.
Communication. Kept us informed.
Cleo is knowledgeable and professional. He was a joy to work with.
Cleo team is extremely exceptional team. They found mistakes that was hurting and able to correct them into a positive. The type of care Cleo and team took to a complete stranger is above mentioning and believing. My entire family thanks Cleo team and Summit.