One of the best ways to SAVE MONEY on your mortgage loan is to increase your credit score to 740+.
If your statement balance on the bill is greater than 30% of the limit, the credit score is decreased because you are using too much in their eyes, even if you pay off the balance each month.
Solution: A very simple way to increase your credit score is to call your credit card companies to request an increase in your credit limit.
Example: If your credit limit $1,000 and you spend $500 each month, your utilization rate is 50%, even if you pay off the balance each month. If you increase your limit to $2,000, your new utilization rate is 25%, which is below the suggested 30% limit.
For a mortgage loan quote or questions, call or text 714-310-4162.
Recent review on Google:
“Dan has assisted me on two occasions helping me to obtain what I consider to be the best loans for the real estate purchases that I made. He is very knowledgeable as to where to obtain the best loans in today’s competitive market. If I were to make an additional purchase, the first step that I would take is to call Dan the Man for Mortgages!” -Frank F.
“Dan has assisted me on two occasions helping me to obtain what I consider to be the best loans for the real estate purchases that I made. He is very knowledgeable as to where to obtain the best loans in today’s competitive market. If I were to make an additional purchase, the first step that I would take is to call Dan the Man for Mortgages!” -Frank F.