Mortgages and Credit Scores

jennifer
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in Credit Scores

Mortgages and Credit Scores https://insureurguide.com/wp-content/uploads/2019/03/001.jpg 676 390 jennifer jennifer https://secure.gravatar.com/avatar/bfb29c8780eeefbad59d1428cddf97a7?s=96&d=mm&r=g March 7, 2019 March 7, 2019

Having a credit score that qualifies as “good” can make all the difference on your future, especially when it comes to taking out a mortgage. People who have credit qualified as “excellent” can have 1.5 percentage points lower on their mortgage rate compared to someone with worse credit.

Knowing your credit score is helpful in this regard, and if you’re considering taking out a mortgage with poor credit, you might want to reconsider and look into options for building your score before doing so.

Image via PYMNTS.com.

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