What You Should Know About Your Credit Score

One of the most important components to qualify for a residential loan is your personal credit score retrieved from the three major credit bureaus; Trans Union, Experian, and Equifax.  In order to achieve the best interest rate that is structured to your desired program is a score of 740 or higher.

The primary categories that are calculated into the credit score are payment histories with:

  • Secured residential loans
  • Auto loans
  • Installment loans
  • Major credit card companies
  • Revolving credit cards related to retail stores
  • Student loans
  • Unsecure loans – personal loans
  • Unpaid accounts -charge off or collection accounts
  • Legal judgments

Financial Access, LLC will review your personal credit report for accuracy to assure your credit history is current. If the score is not what you expected, a representative will work with the borrower on how to fix the personal credit profile in order to establish a good payment history.  Financial Access, LLC is committed to provide the best mortgage product and interest rate available that is tailored to each specific loan application for Pennsylvania’s residents.

The process starts by contacting Annamarie Rita Scarselletti at 267-382-0690 or email to annamarie@financialaccessllc.com

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