5 Big Credit Mistakes

5 BIG Credit Mistakes

Thursday, July 24, 2008

by The Applegate Team

This article is for all of you who ask Brandy and I about your credit scores. This is advice I have heard over the years from many lender on the mistakes customer make with their credit. Make sure you understand your credit score and how important it is to your home buying experience. As the rules for mortgages change daily, you have more negotiating power with a higer credit score then a lower one. Lenders base the rates they quote you on your credit score. So with the economy we are experiencing now, it helps to have a good credit score and some money in the bank. Gone are the days of 100% financing. So arm yourself with knowledge when you start shopping rates.
Jacque