When getting a mortgage, credit scores may either make or break a borrower when it comes to acquiring a home mortgage or getting the best rate. This score is calculated based on an individual’s credit history. The better your credit, the higher your score. On the other hand, the worse your credit is, the lower your score.
Credit score
When getting a mortgage, credit scores may either make or break a borrower when it comes to acquiring a home mortgage or getting the best rate. This score is calculated based on an individual’s credit history. The better your credit, the higher your score. On the other hand, the worse your credit is, the lower your score.