How Credit Affects Your Mortgage

Your credit history is one of several factors lenders review. It can influence which loan programs fit and the terms you are offered.

Why lenders review credit

Credit shows how you have managed debt. Different loan programs treat credit differently, which is why comparing FHA and conventional matters.

Steps before you apply

Check your credit reports for errors, make payments on time, and avoid opening new accounts or taking on new debt while you shop.

Talk it through

If your credit is not where you would like, Chris can help you plan next steps. Call (410) 913-1530.

FAQ

Will checking my own credit hurt it?

Checking your own reports is generally treated differently from lender inquiries.

Can I still qualify with past credit issues?

It depends on the program and your overall profile.

Helpful Resources

• CFPB: Credit reports and scores

Related: Programs | How to Get Pre-Approved | Conventional Loans

Chris Nieberlein NMLS #313519 | Bay Capital Mortgage Corp. NMLS #39610 | Equal Housing Lender. General information, not a commitment to lend. Terms and eligibility vary and are subject to credit approval and underwriting.