What does your credit report say about you?
Understanding your credit
What does your credit say about you?
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 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
- Â 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.
Ursula Brent
Loan Officer | Owner Operator // NMLS #2168241
BRSG Loans Group is committed to empowering realtors, borrowers, buyers, and investors with the tools and knowledge needed for successful real estate ventures. Our mission is to facilitate your growth and success in the real estate market through strategic financial solutions and expert guidance.
Today’s technology provides a more productive environment in which to work. For example, through our website, you can submit a complete online, secure loan application or pre-qualify for a home loan. You may also evaluate your financing options using our interactive calculators and reviewing various mortgage scenarios.
We Offer Dual Expertise: Benefit from the combined knowledge of a loan officer and real estate agent who offers unparalleled advice and support.
Personalized Solutions: From homebuyers to seasoned investors, our customized financial solutions are designed to align with your unique goals. We strive to meet those specific needs with a wide array of products, investment tools, mortgages, quality service, and individual attention.
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