Tips About Credit | Military Home Loans

Tips About Credit

Learn how to repair and maximize your credit score to qualify for your VA loan.

Have you been thinking about purchasing a home sometime this year? As you prepare for that exciting journey, you’ll want to check your credit score. Your credit score, often referred to as your FICO® score, is calculated using your credit history on file with the credit reporting agencies. No matter what your score is, you can work on boosting it by...
You may have checked your credit score once or twice over time as you applied for credit cards, loans, or even new jobs. But have you thought about it much since then? As you reach the point of thinking about homeownership, it’s important to learn about your credit. Your credit score is an important piece of obtaining a home loan. We can help you by sharing...
If you are thinking about buying a home, it’s a good idea to know your credit score and understand how that score will affect your interest rate and payments. You can take the right steps now to improve your credit score, so you have more options when the time comes.   What makes up your credit score? Your credit score is more than just a reflection of...
 The infamous VA No-No You want this purchase to be: No down payment. No out of pocket too While this is a difficult feat to pull off in a competitive, multiple offer, seller’s market. It’s very common in a buyer’s market. The key is asking for the right amount, not too much, not too little. You need to be Goldilocks. Asking for too much seller...