DON'T MISS A NEW LISTING AGAIN! Register Now FREE AUTOMATED EMAIL UPDATES |
|
Whether you are looking to buy or sell, your credit score can play a major role in your finance approval. By definition, your credit score is a number that reflects your credit worthiness at any given point in time. When a landlord, lender or credit card company is asked to loan money, they run a credit report to determine the amount of risk involved in investing in you, the applicant. Loan approval and the amount of money you are eligible to receive is one of the most critical elements of your real estate transaction - which makes it important to understand how credit scores work.
Your credit score is calculated based on a number of different factors. These factors are broken down below by percentage of consideration:
If you have questions about your credit score and real estate financing or want to see what type of loan you could be pre-approved for, please don't hesitate to contact me. I am here to help!
Hope to hear from you soon, "
Teresa Arana | 562-569-1499 | Contact Me
16536 Bellflower Blvd - Bellflower, CA 90706
Copyright © , All Rights Reserved
©2024, California Regional MLS (CRMLS). All rights reserved.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Information last updated on 2024-03-18 17:30:03.