Blog image: 4 Common Myths Regarding Credit Scores

4 Common Myths Regarding Credit Scores

The terms and rate you are offered on a home loan are very much based on your credit score these days. Your credit score is designed to tell lenders just how risky of a borrower you will be, based on your past history of handling (or not handling) credit. In order to protect your credit and get the best deal on your next mortgage loan, it is a good idea to become credit savvy. A good way to start is by separating the facts from the fiction when it comes to how credit works. Here is some truth: your credit score is a three-digit number, ranging between 300 and 800 and is a calculation ba...

February 21st, 2014 | mortgage qualification process, mortgage approval process, Home Loan Process, home loan, first time home buyer, 1st time home buyer program, credit score, credit score myths , mortgage process, credit score tips, 4 Common Myths Regarding Credit Scores

ZFG Mortgage

6670 S. Lewis Ave # 200
Tulsa, Oklahoma 74136

Phone: 918-459-6530

Fax: 918-459-6535

NMLS: 193207