We are totally focused
on our client's needs,
and we work to realize
their dreams as if they
were our own.
Rodney and Trina
Joyner
Home Team Realty
on our client's needs,
and we work to realize
their dreams as if they
were our own.
Rodney and Trina
Joyner
Home Team Realty
Joyner Team
Home Team Realty
| 302-629-7711 realestate@joynerteam.com |
8 ways to improve your credit
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Credit scores, along with your overall
income and debt, are a big factor in
determining if you’ll qualify for a loan
and what loan terms you’ll be able to
qualify for.
1. Check for and correct errors in your
credit report. Mistakes happen, and
you could be paying for someone else’
s poor financial management.
2. Pay down credit card bills. If
possible, pay off the entire balance
every month. However, transferring
credit card debt from one card to
another could lower your score.
3. Don’t charge your credit cards to
the maximum limit.
4. Wait 12 months after credit
difficulties to apply for a mortgage. You’
re penalized less for problems after a
year.
5. Don’t order items for your new home
you’ll buy on credit—such as
appliances—until after the loan is
approved. The amounts will add to
your debt.
6. Don’t open new credit card accounts
before applying for a mortgage. Having
too much available credit can lower
your score.
7. Shop for mortgage rates all at once.
Too many credit applications can lower
your score, but multiple inquiries from
the same type of lender are counted
as one inquiry if submitted over a short
period of time.
8. Avoid finance companies. Even if
you pay the loan on time, the interest
is high and it will probably be
considered a sign of poor credit
management.
income and debt, are a big factor in
determining if you’ll qualify for a loan
and what loan terms you’ll be able to
qualify for.
1. Check for and correct errors in your
credit report. Mistakes happen, and
you could be paying for someone else’
s poor financial management.
2. Pay down credit card bills. If
possible, pay off the entire balance
every month. However, transferring
credit card debt from one card to
another could lower your score.
3. Don’t charge your credit cards to
the maximum limit.
4. Wait 12 months after credit
difficulties to apply for a mortgage. You’
re penalized less for problems after a
year.
5. Don’t order items for your new home
you’ll buy on credit—such as
appliances—until after the loan is
approved. The amounts will add to
your debt.
6. Don’t open new credit card accounts
before applying for a mortgage. Having
too much available credit can lower
your score.
7. Shop for mortgage rates all at once.
Too many credit applications can lower
your score, but multiple inquiries from
the same type of lender are counted
as one inquiry if submitted over a short
period of time.
8. Avoid finance companies. Even if
you pay the loan on time, the interest
is high and it will probably be
considered a sign of poor credit
management.