In this video, we'll discuss why your credit score may be lower when applying for a mortgage.
Your credit score is one of the most important factors when applying for a mortgage. It can determine your eligibility for a loan and how much you can borrow. Sometimes, factors that are not directly related to your credit score can affect your score. In this video, we'll discuss one of these factors and how it can affect your credit score.
Shonda Martin (Road To 750 Plus Credit Expert): https://www.instagram.com/roadto750plus/
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00:00 Introduction
00:13 Types Of FICO Scores
00:39 Mortgage Scores
01:44 Why Your Mortgage Score Is Lower
03:40 Charge Cards
04:23 Improve Credit Utilization
05:09 Boosting Your Score
05:51 Paying Off Loans
06:19 Outro