When you apply for a loan in La Puente, your potential lenders need to know that you’ll be able to pay the money back. Because that can be a difficult concept to quantify, most mortgage and other loan providers rely on your credit score, also known as your FICO score. If your scores are low, they can have a major impact on your ability to take a loan. Fortunately, First Realty Funding can help.
Your credit report depends on a number of different aspects, but they all work to measure the same thing – your ability to repay a loan. Using a combination of repayment history, current debt, length of credit history, and much more, the report will assign a value between 300-850 depending on the credit score creator. First Realty Funding is happy to help you understand your credit report and personal credit score.
With years working as a mortgage broker in La Puente, we’re well aware of the importance that credit reports can play. In addition, First Realty Funding also knows what factors are involved in your score and can guide you through the many techniques to reliably raise your credit score over time and aid in getting you the loan you want.
Take the mystery out of credit reports by contacting First Realty Funding in La Puente today. Dial 626-918-1800 to speak to one of our representatives.
Your credit report depends on a number of different aspects, but they all work to measure the same thing – your ability to repay a loan. The 1st Realty Funding Team , La Puente.