Welcome back! Today we’re diving into why having a solid credit score is crucial before you apply for a mortgage—and how raising your score even a few points can save you thousands over the life of your loan.
Your credit score directly impacts the interest rate you qualify for. A small bump—say from 700 to 720—can lower your rate by 0.25% or more, translating into thousands of dollars in savings on a 30-year mortgage.
Avoid opening too many new accounts at once—multiple inquiries can ding your score temporarily. And don’t close older accounts; length of history matters.
By following these steps, you can often boost your score within 60–90 days—just in time to apply with confidence. Ready to get started? Call Nick Nicholas at 678-614-4327 or email [email protected].