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 TEAM. Communication and kindness!
Team Michael Content . Their knowledge, friendly, professional, the communication and fast way to process the documents, the list goes on and on. We love Michael, Amanda, Katie, Kristen, Andrew and the other gentleman who help me in office I didn’t got his name.
Michael and his team provided clear communication from the start. We felt the awesome team at Summit had our backs through the whole home buying process. They are friendly, extremely responsive, and efficient.
Great costumer service, and the process was fast, efficiently and great.
Mike made it great!
Mr. Content and all involved were extremely pleasant, professional and easy to work with. I couldn't be happier with how easily my transaction went! :)