3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a Mortgage

3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a MortgageThere are a variety of factors that are involved in getting your mortgage approved, but few things will have more of an impact than your FICO score and the credit history that goes along with it. Instead of leaving your score up to chance when submitting your application, here are a few ways that you can boost your financial well being and leave your credit score better off than it was before.

Put More On Your Card

It’s important to put purchases on your credit card that you can afford to pay off consistently, but many people are not aware that how much debt you owe can actually positively contribute to your credit score. While it’s good to use up to 30% of your available debt load, a significantly higher percentage than this can be a signal to lenders that you are experiencing financial difficulties. By putting everyday items on credit, it will be easier to give your score an instant boost.

Clear Your Credit History

Many people who think they have bad credit are too afraid to even review it, but it’s very important to take a look at your credit history when it comes to taking control of your finances and your FICO score. If there happens to be incorrect information on your credit report, this will enable you to contact the appropriate lenders and dispute the charges so they can be corrected prior to your mortgage application. It may not seem significant, but this can actually have a marked impact on the outcome of your application.

Make Your Payments On Time

It’s often the case that those who are struggling with debt may push away the bills altogether and give up on the minimum payment, but it’s very important that the minimum is made to keep your financial health in check. It may take a few months to see the results of putting down this amount before the due date, but it will improve your credit over time and forge good habits for the future.

Your credit score is an important aspect of determining your financial health for lenders, and this means that your credit history is of significant importance when it comes to your mortgage. Instead of leaving it up to chance, ensure that you’re making the minimum payments and correct any discrepancies in your credit report.

If you’re currently in the market for a home and are considering your options, give me a call for more information – J.P. Cook – 602-320-4253.

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10246 E Prairie Hawk Lane San Tan Valley, AZ 85143

$450,000 - 3Br/2Ba -  for Sale in S8 T3s R9e, San Tan Valley
New
$450,000
3 Beds
2 Baths
1,344 SqFt
Status Active
MLS # 6682979
Property Type Manufactured Home
Price Type --
Experience the ultimate in rural living with this charming 3-bedroom, 2-bathroom manufactured home nestled on a sprawling 1.25 acres of land, free from the constraints of HOA regulations. This property offers the perfect blend of tranquility and convenience, with a shared well providing ample water access and electricity readily available. As the surrounding area undergoes rapid development and growth, this property stands as an excellent investment opportunity, offering the chance to capitalize on the burgeoning market while enjoying the peacefulness of rural life. With a reasonable price tag and endless potential, this home represents not just a place to live, but a smart investment in your future. Don't miss out on the chance to make this idyllic rural retreat your own!

18024 N Somerset Drive Surprise, AZ 85374

$450,000
2 Beds
2 Baths
1,834 SqFt
Status Active
MLS # 6676600
Property Type Single Family Residence
Price Type --
Paid for solar means electricity bills under $40 a month! Exquisite 2-bedroom, Plus Den, 2-bathroom gem. Palo Verde Model. Step into a world of harmonious living with its seamless open layout that effortlessly connects the kitchen and great room, ideal for both dining and entertaining. Indulge in chef's kitchen with granite counters and stainless steel appliances, perfect for culinary adventures. Plus, enjoy the added benefits of an extended garage for your golf cart & tons of garage storage. Step outside for the tranquility of mature citrus trees, providing an outdoor oasis. Split bedroom floor plan. With paid-for solar, annual electricity bill of just $237, a recently redone roof, and new AC system still under warranty for peace of mind!

778 E Rojo Way Gilbert, AZ 85297

$450,000
3 Beds
2.5 Baths
1,422 SqFt
Status Active
MLS # 6676968
Property Type Townhouse
Price Type --
Welcome to this charming property with a natural color palette that creates a warm and inviting atmosphere throughout. The kitchen boasts a center island, a nice backsplash, and plenty of storage space for all your cooking needs. The master bedroom features a walk-in closet for added convenience. Additional rooms offer flexible living space to suit your lifestyle. The primary bathroom includes double sinks and good under sink storage for optimal organization. Don't miss out on this opportunity to make this house your home!

418 S 226th Drive Buckeye, AZ 85326

$450,000
3 Beds
2 Baths
1,735 SqFt
Status Active
MLS # 6677357
Property Type Single Family Residence
Price Type --
This is one special property! Located on the 18th green of the Sundance Golf Course. Spectacular MOUNTAN VIEWS! This wonderful 3-bedroom, 2 bathroom home features beautiful QUARTZ COUNTER TOPS, a large kitchen island plus a breakfast bar. The kitchen opens to the spacious family room and dining area. The 3rd bedroom is set up perfectly to be used as a den, office or bedroom. The primary suite features an ensuite with dual sinks and walk-in closet with updated counter tops. Step outside to your covered patio with sunshades, misters, and manicured gardens. Take a dip in the SPARKLING POOL while relaxing with your favorite beverage. The home is energy efficient with SOLAR and SUNSCREENS. Don't miss your chance to own your move-in ready home in Sundance, BEING OFFERED FULLY FURNISHED. Sundance is your premier Active Adult Community in Buckeye. Enjoy your days either golfing, swimming, tennis, pickleball, working out in the fitness center and plenty of other social activities. The Sundance Golf Club features an 18-hole golf course, pro-shop, restaurant. Make Sundance your home today. Some of the home's upgrades include: Plantation shutters Upgraded irrigation system Upgraded lighting R.O System Upgraded baseboards Crown Moulding 100 gallon water heater Built in cabinets in the garage Epoxy garage floors Pool filter, 1 year old Golf ball Sunscreens Patio Misters Paver patio New refrigerator Washer 1 year old Fruit trees (lemon and lime)

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