AAFMAA Mortgage Services: How Your Credit Score Impacts Your Interest Rate
What’s your credit score got to do with your home loan? Maybe more than you think. AAFMAA Mortgage Services has the details you need to know. Read on.
If you need a mortgage to buy a house, your credit score may be more important than you realize. Most lenders use FICO® Scores, developed by Fair Isaac Corporation, which typically range from 300-850 points, to gauge creditworthiness. The higher your score, the better track record you have in paying debt, and the lower the credit risk to your potential lender. Read the full story in the Learning Hub on AAFMAA.com.
Get more insights and start your home planning with AAFMAA Mortgage Services.
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