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.
Refined Lending
a division of Luminate Bank // Â NMLS #1281698
Refined Lending, a division of Luminate Bank, is a custom home mortgage team specializing in up-and-coming or established, urban and suburban neighborhoods in the Twin Cities. Our experienced team works closely to suggest the perfect mortgage for your unique lifestyle; a payment that fits within your budget. The choice to work with Refined Lending, a division of Luminate Bank, will make your next move a simple, streamlined and highly rewarding experience. Our in-house products such as new construction, purchases, and refinancing will allow us to assist every homeowner.
With Refined Lending, a division of Luminate Bank, you will work with one team from the pre-approval stage all the way through your final home closing. Refined Lending, a division of Luminate Bank, partners with highly sought-after real estate agents, and home builders to make sure you get the most current trends and technology, as well as superior products and workmanship.
Contact Refined Lending, a division of Luminate Bank, today to find out what makes us stand out from the competition! Reaching us is easy:
GoogleFacebookYouTubeLinkedInInstagram
Join our team!
Interested in joining the team at Refined Lending, a division of Luminate Bank? Our culture and employees are what sets us apart from others in our industry. If you want to work for a company that cares about making a difference in the lives of our customers, referral partners and in the success of every staff member on our team, then Refined Lending, a division of Luminate Bank, may be the right place for you!
Contact one of our branch managers today.
