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.
Josh and his team had amazing communication the entire time. I feel like I was well educated along the way. Thank you.
Thanks for the easy loan process! We’ll be refinancing once rates drop ?
Easy to talk/email/text the team with a fast response. Doing docs needed at work was challenging, I only had so much time and knowing I could get a fast answer from team helped ~
Josh and rest of the Team Gullick at Summit Funding are great, they have plan of action and helped us to go through the process very smoothly and quickly. We truly appreciate all your effort!
That you guys get working fast and great communication and get it done sooner then expected.
The expertise, the kindness, the professionalism and the delivery of the product and service beyond expectation.