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
- Â 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.
Bob Hacker
The Loan Doctor //  NMLS #1498092
Hi, I’m Bob Hacker, a dedicated managing loan officer a.k.a “The Loan Doctor” who’s passionate about helping people achieve their real estate goals. Whether you’re a first-time homebuyer, a seasoned investor, or looking to refinance, I thrive on finding the right solutions to make homeownership a reality.
My journey into mortgage lending began in 2015, and from the moment I started, I knew I had found my calling. I’ve always loved helping people, but mortgage lending combined my problem-solving skills with my passion for real estate in a way that truly clicked.
Beyond work, I’m a proud father of two amazing boys and a devoted husband to my beautiful wife, Amanda. When I’m not helping clients, you can find me out on the water—boating and surfing are my favorite ways to unwind.
I’d love the opportunity to help you navigate the mortgage process and find the perfect financing solution. Let’s connect and make your homeownership dreams a reality!
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