Credit scores
Most people who have obtained credit from a bank or retailer
have a “credit score”.
When applying for a mortgage loan, a credit report is always
required.
Although a mortgage underwriter will look at the entirety of an
application, the credit score and history are extremely important.
Here is a guide to scoring that may help you if you obtain a report:
Excellent credit: 750-850
Good credit: 660-749
Fair credit: 620-659
Poor credit: 350-619
If your credit report is at or below the “fair” range you could be at risk
for a denial or you may be forced to pay a higher rate.
For more information on your credit score, please feel free to call.

Whether buyer, selling, remodeling or building new, LaBeau and Associates, ReMax Advantage Plus and Ratzlaff Homes, Inc. have a team to help you with all your real estate needs. Call today....952-898-5800.