DO YOU NEED MY CREDIT SCORE?

Short answer: Yes.

Lenders need to know your credit history in order to determine your risk profile.  If your score is over 680 you have access to all lenders and all rates.  Scores between 600 – 679 have fewer options.  Scores below 600 are considered higher risk and need to explore other options.

BROKER ADVANTAGE: One of the good things about using a Mortgage Broker is we pull one Credit Bureau and shop it to our network of 50+ lenders.  All with one credit report.

  • If you went to multiple lenders yourself, each would want to pull a credit report
  • this would push your credit score down due to multiple hits in a short period of time

A single credit inquiry will not negatively affect your credit score. 

Written consent is always needed in order to check your credit.