What Is A Credit Bureau Score And How Do Lenders Use Them? See more on: Moreira Team Mortgages Blog
As we show you in this video, a credit bureau score, or “credit score” is a number based upon your credit history that represents the possibility that you will be unable to repay a loan.
Home lenders use it to determine your ability to qualify for a mortgage loan.
The better the score, the better your chances are of getting a favorable home loan.
Know your score and ensure that mortgage lenders have current information about it.
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