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Credit Report - Kim Kroner Blog Post

Credit Report

It's a good idea to know your credit score. The better your credit, the better the lending terms you'll receive if and when you decide to apply for a mortgage or mortgage refinance.

You should be aware of what information is on your credit report by obtaining and reviewing copies of your credit report from the three main credit report agencies.

Equifax
www.equifax.com
1.888.766.0008

TransUnion
www.transunion.com
1.800.888.4213

Experian
www.experian.com
1.888.397.3742



Remember that there are several factors that affect your credit report including your payment history, your current ratio of debt to income and signs of responsibility and stability. And since not all creditors report to all three agencies, it's best to order a report from all three institutions. Your goal in ordering all three credit reports is to make sure that all of the information stated on each report is accurate and correct.


The average credit score in the United States is 678.


For More Information:

If you are unable to put 20 percent down for your mortgage payment, you will be required to pay Private Mortgage Insurance or PMI. This insurance protects your lender from borrower defaults. If you are thinking about buying a home and your mortgage will require you to carry PMI, keep in mind that you’ll be increasing your monthly cost of owning a home. The good news is you’ll only need to carry PMI until the value of your home has appreciated or when your loan has been paid down sufficiently. In today’s market place, the benefits of being a homeowner often outweigh the extra monthly cost of PMI. I’d be happy to help you evaluate mortgage options you’re considering or refer you to a qualified lending professional who can give you a full picture of your options. For More Information: Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Sales Club Member - Long & Foster Chairman's Club Long & Foster Christie's International kim@kimkroner.com (703) 946-2526 (800) 9611328 www.kimkroner.com 309 Maple Ave W. Vienna, VA 22180

Kim Kroner Realtor - Associate Broker
Top Producer - NVAR Multi Million Dollar Sales Club
Member - Long & Foster Chairman's Club
Long & Foster Christie's International
kim@kimkroner.com
Cell; (703) 946-2526
Toll Free: (800) 9611328
Web: http://www.kimkroner.com






Credit Repor It's a good idea to know your credit score. The better your credit, the better the lending terms you'll receive if and when you decide to apply for a mortgage or mortgage refinance. You should be aware of what information is on your credit report by obtaining and reviewing copies of your credit report from the three main credit report agencies. Equifax www.equifax.com 1.888.766.0008 TransUnion www.transunion.com 1.800.888.4213 Experian www.experian.com 1.888.397.3742 Remember that there are several factors that affect your credit report including your payment history, your current ratio of debt to income and signs of responsibility and stability. And since not all creditors report to all three agencies, it's best to order a report from all three institutions. Your goal in ordering all three credit reports is to make sure that all of the information stated on each report is accurate and correct. The average credit score in the United States is 678. For More Information: If you are unable to put 20 percent down for your mortgage payment, you will be required to pay Private Mortgage Insurance or PMI. This insurance protects your lender from borrower defaults. If you are thinking about buying a home and your mortgage will require you to carry PMI, keep in mind that you’ll be increasing your monthly cost of owning a home. The good news is you’ll only need to carry PMI until the value of your home has appreciated or when your loan has been paid down sufficiently. In today’s market place, the benefits of being a homeowner often outweigh the extra monthly cost of PMI. I’d be happy to help you evaluate mortgage options you’re considering or refer you to a qualified lending professional who can give you a full picture of your options. For More Information: Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Sales Club Member - Long & Foster Chairman's Club Long & Foster Christie's International kim@kimkroner.com (703) 946-2526 (800) 9611328 www.kimkroner.com 309 Maple Ave W. Vienna, VA 22180 Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Sales Club Member - Long & Foster Chairman's Club Long & Foster Christie's International kim@kimkroner.com Cell; (703) 946-2526 Toll Free: (800) 9611328 Web: http://www.kimkroner.com
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Location: McLean, VA 22101, USA

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