My Credit Score
What is a Credit Score?
A credit score, or a FICO® score, is a summary of the history of your spending.
The choices you make and the attentiveness to how you spend your money will either open or close your options. Knowing how to demonstrate that you can responsibly control your money will improve your score and, in turn, open up your options.
Your credit score can range from 300 (lowest) to 850 (highest). A higher score will increase a lender’s confidence that you will pay your mortgage on time and in full. If your credit score is high, your monthly interest rate will be lower. If your credit score is low, your monthly interest rate will be higher.
Credit Score is a Game
The rules of the credit score game were never shared with the common person.
At Options Financial Residential Mortgage, we have the knowledge to aid you in playing the game successfully. If you don’t have a good credit score, we will provide you with the action plan to improve your credit score. This will put you in a better position to buy a home. If you already have a good credit score, we can show you how to get an even better score.
Take command of your credit score and start opening up your financial options.
Call our team and let us share the rules of the game with you.