Blog by Julia Kennett

<< back to article list

Buyer's Tip

  Keeping your Credit Score High to increase your ease of being approved for a mortgage:

 

1) Pay your bills on time

 

2) Keep your credit balances low on those you must carry.  Ie: Keep a low or non-existent balance on your credit card

 

3) Limit your credit.  Available credit can damage your credit score.  Ie: if you have credit cards for five department stores, even with no balance, your maximum credit on each card is calculated and negatively impacts your credit score