Many buyers in the Salt Lake City, Utah area have been unsure of their standing in the credit department. This has led them to agree to pay a higher interest rate, convinced that they should, when in reality, their credit may not have been low enough to merit the higher rate.
Those who believe their credit score is excellent are often correct.
Many who are unsure are often surprised to find out that their credit actually is still great or excellent.
Some don't understand how scores are calculated or they may have had a late payment or two a while back. This usually isn't enough to drive your score low enough to merit a higher interest rate.
Others find they have errors on their credit history that are causing them to have a lower score than they expected. Many of those errors can be easily cleared up or even eliminated with supporting documentation. We have had clients who have cleared up their credit and qualified for a loan in less than 30 days.
A trustworthy mortgage professional can help you review and prepare your credit file in advance. As your Exclusive Buyers Agent, we can help point you in the right direction and let you know if we think you are paying too much for your loan.
Homebuyer Representation, Inc. is a Real Estate Brokerage that services Salt Lake City, Utah and surrounding areas. Agents are Exclusive Buyer Agents (EBAs) and represent BUYERS ONLY. For Free Reports or a Free Consultation, contact Homebuyer Representation at (801) 969-8989 or click the highlighted links in this post.
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