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.
Mary and her team were amazing to work with. They were able to get us into our dream home on a very tight deadline. We were selling and buying, and they made it seamless. Would highly recommend working with them!
EVERYONE was very communicative. Things were handled in a timely manner. Any questions I had were answered as soon as I ask them; and If they didn't have the answer it was promptly searched and the information was relayed. Jose and Nohelia were great through and through and will be coming back.
Very effective, professional, kind manner and rapid communication on the status of the loan, and required documents.
You guy work together to get it done fast
Los mejores muy amables y muy profesionales
Jose and Nohelia were very communicative. Any time we had questions they responded promptly. All the steps to apply for the loan were broken down easily for us to complete. It was overall a positive experience.