โจ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐? ๐๐๐โ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐!โจ
If youโre trying to improve your credit score, avoid making this mistake I made!
Having a good credit score impacts the interest rate you are able to get on a mortgage.
Anything over a 760 wonโt improve your interest rate much, so donโt kill yourself over a few extra points!
You definitely donโt need a perfect credit score in order to qualify for a mortgage loan though. Generally, a 620 will do, but you could also qualify for a mortgage with a credit score in the 500s.
The biggest caveat, though, is that the lower your score is the worse your rate will be.
๐ฆ๐๐๐ฅ๐ & ๐ฆ๐๐ฉ๐!
๐๐ผ๐น๐น๐ผ๐ on Instagram ๐๐ผ @joan.lamond ๐๐ผ for #realestatetips & #luxuryhomeinspo
๐๐ข๐๐ก ๐๐๐ ๐ข๐ก๐, ๐๐ฅ๐ ๐ฌ๐ฎ๐ฌ๐ฒ๐ฐ๐ฑ๐ฏ๐ต
๐ฒ๐ฏ๐ฎ๐ฏ.๐ฒ๐ฎ๐ด.๐ฒ๐ญ๐ฎ๐ฎ
๐๐ฃ๐๐ฆ๐๐๐๐ก๐, ๐๐ & ๐๐ฅ๐๐๐ง๐๐ฅ ๐๐
๐ง๐๐ผ๐ฎ๐ป.๐๐ฎ๐บ๐ผ๐ป๐ฑ@๐ง๐ต๐ฒ๐๐ด๐ฒ๐ป๐ฐ๐๐ฅ๐.๐ฐ๐ผ๐บ
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