South Carolina Mortgages & Home Loans - SC Mortgage / South Carolina Real Estate - SC Real Estate
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Fast Tip to Increase Your Credit Score Up To 5 Points |
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Written by Tamara Schmitt
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Thursday, 19 October 2006 |
Lender’s programs for lending are segmented by tiers of credit scores. Many times a borrower can just miss taking advantage of a package with lower rates or better terms by only a few points! For instance, many conforming loans offering better rates require borrowers to have a mid score of 620. Suppose you just pulled your credit and you’re middle score is 617. You’ve missed a great rate that could have meant $200 or more off your monthly payment by only 3 points!
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Last Updated ( Thursday, 19 October 2006 )
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