Credit can be daunting to figure out, especially when you want to buy a house. Whether you have good credit or credit that needs some TLC, this video will help you set up a good game plan to raise and maintain your score.
In this video: 00:31 The biggest problem with credit 01:16 What is the target credit score you should aim for 01:33 Minimum credit score needed to qualify 01:48 Why FICO 640 will most likely get you a better deal 02:15 Difference between a soft pull and a hard pull 3:33 What is credit 4:38 Do you need credit to buy a house? 4:49 Manual underwriting 5:35 How to get credit if you don't have any 7:57 Bad credit and how to correct it 8:06 3 rules to build and maintain credit 8:29 Why paying on time is so important 10:53 How ratios affect your score 12:42 How to manage your accounts 13:46 Why you shouldn't close accounts 16:02 Recap of the 3 rules to build credit
Hey, my name is Kyle and I'm a Mortgage Advisor serving Ohio and Tennessee. My goal is to help you get a crystal-clear home loan that helps you win the house you love.
