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Tips for Buyers: Components of a Credit Score

Components of a Credit Score

Components of a Credit Score

 

 

Components of a Credit Score

 

The components of a credit score can be tricky to understand, especially as it relates to large purchases, like your dream home. Our friends at Sunbelt Lending have some tips on what lenders will looks for. Not all things are created equal in the world of credit scores.

 

You want to buy a home. Okay, now what? If you’ve read up on our Tip for Buyers you know that the first thing you need to do is get your finances in order. Knowing your credit score is a great first step. The info graphic below will give you a better idea of how to understand what your score means, and how to correct any issues your lender may see when assessing your home loan.

 

Components of a Credit Score

 

Have more questions about your credit score or home loans? Contact Adam Karol or John Fenech, they will be happy to help.