Before even looking for your first house, we can help you get mortgage prequalified*. Some realtors may even require this prior to showing homes. The Rome Team of Fairway Independent Mortgage Corporation can help you get pre-qualified and on your way to home ownership!
Lenders will look at your payment history, income, and current debts to determine how likely you are to pay your loan each month. The number value assigned to your “reliability” is known as your credit score and is one of the biggest factors in getting approved for a mortgage.
There are many websites that allow you to quickly check your credit & credit score for free. Two of our favorites are www.freecreditreport.com and www.creditkarma.com. (Fairway Independent Mortgage Corporation has no affiliation with these companies)
If you have credit scores under 640 and are looking for ways to optimize your scores to be approved for the best possible interest rate and terms for your mortgage, we have an in-house team of credit improvement specialists who can build a credit improvement action plan to fit your needs. An assigned analyst will explain the requirements, answer your questions and follow up with you along the way! Creditool can help you improve your credit scores at no cost to you! Ask us about Creditool today!
*A pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.
Don’t give up on owning a home. Take 10 minutes and apply.
*Pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.