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Posts from August 31st, 2020

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August
31

First-Time Buyers - Credit Score - JYB Realty

At Josey Young & Bradley, our real estate agents want to give all our clients the best opportunity to find a home they'll be happy with. In a time of increased buuyer activity and historic low interest rates, more people are finding now is the right time for them to explore Atlanta homes for sale.

Many people wonder, however, if their credit is "good enough" for a mortgage loan.

Your credit history serves as a measure of the risk lenders take if they decide to provide you with a mortgage loan. Your history of paying debts on time is the principal factor that determines credit, although other factors – like how much credit you have total – are also counted.

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