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In 2004, Benjamin Randall earned his first loan officer license so he could use his passion for numbers to help people achieve their real estate goals. And now, years later, he has assembled a team that has supported thousands of families finance homes. Whether you’re looking to buy your first or second house, forever home, or investment property, we make it our priority to provide reliable advice and exceptional service. And we want you to feel confident during the transaction, so we will go the extra mile to guide you until you become a homeowner.
06/13/2025
Credit Score 101 📊🤓 Credit score is an important factor when buying a home. It helps determine your creditworthiness for loan approval and interest rate. The higher the credit score, the easier it is to qualify for a mortgage. Let’s break down how it works!
➡️Payment History: This is the most significant factor. It includes your record of on-time payments, late payments, and any defaults or bankruptcies.
➡️Credit Utilization: This refers to the ratio of your current credit card balances to your credit limits. Lower utilization rates are better for your score.
➡️Length of Credit History: This considers the age of your oldest account, the age of your newest account, and the average age of all your accounts. A longer credit history can improve your score.
➡️Inquiries: This includes the number of recently opened accounts and the number of recent inquiries into your credit report. Opening many new accounts in a short period can negatively impact your score.
➡️Credit Mix: This looks at the variety of credit accounts you have, such as credit cards, mortgages, and installment loans. A diverse mix can be beneficial.
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25700 I 45 N Ste 150-2
Spring, TX
77386
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