Not knowing what your credit report says about your finances may cost you more when trying to obtain a mortgage. Even those who pay everything on time might have an unaddressed credit issue that is hurting their credit! It is possible for incorrect information to be reported on your credit report, and it is important to identify any issues and correct them before you apply for a mortgage.
What does your credit say about you?
What makes up your credit report?
Your credit score is a numerical representation of your trustworthiness in paying back debt. Each bureau will present you with a credit score based on the data they have.
What is reported?
A few of the items reported on your credit may include:
- Credit Cards
- Department store cards
- Gas cards
- Bank cards
- Airline cards
- Installment Loans
- Mortgage loans
- Auto loans
- Student loans
- Utilities
- Rent (sometimes)
- Collections or judgements
- Bankruptcies
What does your credit history look like?
Credit history is a record of the health of each reporting credit line. Your credit score is created from the list below.
First Class Mortgage
Maple Grove, Minnesota // NMLS #322842
First-Class Service, Every Step of the Way
At First Class Mortgage Maple Grove, we simplify home financing with personalized solutions tailored to your needs. Locally owned and licensed in MN, SD, WI, and FL, we offer access to multiple lenders, ensuring the best rates and loan options.
From pre-approval to closing, we’re committed to exceptional service, expert guidance, and a seamless mortgage experience. Whether buying or refinancing, trust us to help you save time, money, and stress!
Locally owned. Connected nationwide.
We are licensed in MN, SD, WI, and FL.
mgsales@firstclasscorp.com(763) 416-6789Meet Our Team
