Not knowing what your credit report says about your finances may cost you more when trying to obtain a mortgage. Even those who pay everything on time might have an unaddressed credit issue that is hurting their credit! It is possible for incorrect information to be reported on your credit report, and it is important to identify any issues and correct them before you apply for a mortgage.
What does your credit say about you?
What makes up your credit report?
Your credit score is a numerical representation of your trustworthiness in paying back debt. Each bureau will present you with a credit score based on the data they have.
What is reported?
A few of the items reported on your credit may include:
- Credit Cards
- Department store cards
- Gas cards
- Bank cards
- Airline cards
- Installment Loans
- Mortgage loans
- Auto loans
- Student loans
- Utilities
- Rent (sometimes)
- Collections or judgements
- Bankruptcies
What does your credit history look like?
Credit history is a record of the health of each reporting credit line. Your credit score is created from the list below.
Mortgage Financial Group, Inc.
NMLS #219650
Mortgage Financial Group, Inc. is a privately owned Mortgage Banker with its corporate office headquartered in Tavares, FL. The company was opened in November 2003 by John Ardito who has over 30+ years in the mortgage industry.
Being a licensed mortgage banker, Mortgage Financial Group, Inc. is a full- service lender in that it originates, processes, underwrites, and closes loans, all in house, enabling itself as a competitive alternative to the banking industry. Although many companies did not survive the mortgage meltdown of 2008, Mortgage Financial Group, Inc. continued to thrive based on its prudent underwriting and ability to adapt.
Offering a complete line of mortgage products including FHA, VA, USDA, Conventional, Non-QM, Construction and Home Equity Lines, we have a loan type for most situations. Our professionals educate and provide options for borrowers to make choices that are right for them and their budgets.
We are a family at Mortgage Financial Group, Inc. with one goal; make the loan process as smooth and seamless as possible. We live by 3 principles:
- Listen with Curiosity – We don’t push an agenda, we listen to your situation and offer options that will work for you.
- Speak with Honesty – We “give it to you straight”. No surprises at closing.
- Act with Integrity – Our word is our bond. The greatest compliment you can give us is your referral of friends or family. We understand what that means.
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