Marion Jewell
Keller Williams Realty
marionjewell@yahoo.com
Business: 931-245-6726
Mobile: 931-320-0852
If buying a home is in your future, it’s important to have a grasp on your finances, specifically your credit score. Your credit score can have a dramatic effect on being able to achieve the lowest mortgage interest rate.
Protect your credit score
When applying to get the very best interest rate on a mortgage, a lender is going to check if you have some type of credit obligations, like a credit card or an auto loan, and if they’re paid on time. Lenders will also take into consideration a stable income when granting loans. Checking your credit score at least once a year is beneficial to make sure all the information is correct and that there is no suspicious activity that could impact your score.
Raise your credit score
Many financial actions may lower your credit score like changing credit cards, applying for many financial products, changing banks and more! If you plan to take out a mortgage, check your credit and create a long-term plan so you’ll be in a much better position when buying your home.
Be financially responsible and pick the best lender
The smartest home buyers have planned years in advance of purchasing a home, so once they start looking there are no financial surprises. Shopping for the best lender is important because you will want to work with a lender or mortgage broker who will understand your goals. There are many different types of mortgage loans available – and so many questions to ask a lender. “Do you want a 30 or 15-year mortgage? Do you qualify for a VA or FHA loan?”
And even in the same area, the rates for all these types of mortgages can vary significantly – so do yourself a favor – and shop around for the best rates and terms.
When you’re looking to buy, sell, or invest in real estate, you need an agent who will be by your side every step of the way. Call Marion Jewell – Keller Williams Realty today for a personalized consultation.
Marion Jewell has been listing and selling real estate in the Clarksville-Montgomery County area for the past 30 years. She provides free market analysis and buyer consultations.
Her real estate office is located at 2271 Wilma Rudolph Blvd. You can reach Marion at 931-320-0852 or visit MyClarksvilleFtCampbellHome.com for listings and more information. See some of the latest listings below: