|
|
Credit
score need a boost? Your search ends here.
In
today's lending environment, having a high credit score is
more important than ever. Your credit score determines what
your interest rate will end up being or whether you can get
approved at all. HomeQuest Mortgage has developed a program
designed to help applicants who've had some past credit issues
get the help and guidance they need to get the best possible
credit score.
Have
questions? Get direct answers from a HomeQuest Mortgage Loan
Officer at 888-499-5822, submit a question online: click
here or visit the HomeQuest
Mortgage Smart Borrower Learning Center for detailed
explanations of the loan process, documentation and more. |
|
Credit
Score Tiers
Lenders
now use a tier system to determine what interest rate
you'll receive on your home loan. Generally speaking,
a credit score below 740 will not obtain the lowest
available market rate. Some of the lower credit tiers
could add as much as one to two percent to your interest
rate! A HomeQuest Mortgage Loan Officer can explain
the tier system and help you understand the details.
|
|
