Your credit score is the single biggest factor that lenders use in determining your interest rate when you apply for a mortgage. Yet most people don't even know what a credit score is, let alone whether they have a high score or a low one.
The sad truth is if your score is unnecessarily low--due to errors or lack of professional advice--you could end up paying thousands of dollars extra over the life of your mortgage!
It's time you learned the shocking truth about how your credit score is calculated and more importantly, how to improve it almost overnight.
Here's one insider secret:
Don't even approach the credit limit on your credit card!
The higher your balance, the more impact it has on your credit score. Try to keep your balance well below the limit. Staying below 65-75% of your limit can increase your score.
Two credit cards with a $5,000 limit and a $1,000 balance on each looks much better than one card with a $2,500 limit and a $2,000 balance.
Just that one tip alone can have dramatic impact on your credit. But if you want to give your credit a BIG boost in the shortest period of time, there are 12 factors you need to know, and we'd like to teach you exactly what they are.
If you'd like to learn how these 12 factors can help improve your credit, give us a call today!
For Vancouver Mortgage Broker related inquiries ~ 604 628 5040.
For Vancouver Luxury Realtor related inquiries ~ 604 566 8968.
Jessi Johnson Vancouver Mortgage Broker Vancouver Luxury Realtor