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YOUR CREDIT SCORE IS A NUMBER THAT REPRESENTS YOUR ABILITY TO PAY OFF YOUR DEBTS
Here are things about your credit score to keep in mind while you’re looking for a mortgage:
Credit scores range from 300 to 850 points. The higher your credit score, the better.
Average credit scores range between 660 and 720. A score above 680 will increase your chances of obtaining financing
Your credit score can also affect your interest rate. The higher your score, the more likely you are to get a lower interest rate.
Avoid multiple credit pulls. Having your credit pulled multiple times may result in a decreased credit score.
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