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.
you all helped us get this house, and we are very thankful
Communicative and helpful
Quick communication and he took time to answer my questions.
I’m general, the experience was smooth and painless. We had a hiccup day of closing but I think that was on the side of the title company.
John Felix and the Summit team were great at providing timely communication and updates to us throughout our home buying process!
Was a great experience thank you so much for making my vultures go on easy and smooth process