Mortgage Basics
What Can Affect My Score?
Contact Us Today: (805) 898-4200Your FICO score is a "snapshot" of your credit history at a given point in time, and can change based on the factors that make up your credit score.
- Late Payments - Pay your bills
on time and if you have missed a payment, get current.
- Credit History- When you payoff a debt or collection,
or close an account, the credit reference still remains
on your credit report for a minimum of seven years.
- High Balances - Keep outstanding balances low
on credit cards and other "revolving" accounts
- New Credit - If you have been managing credit for a short time, don't open a lot of new accounts.
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Equal Housing Lender. Metrocities Mortgage, LLC, is a Delaware limited liability company licensed by the California Department of Corporations under the California Residential Mortgage Lending Act.Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.