Mortgage Basics
What Can Affect My Score?
- High outstanding debt - Keep balances low on credit cards and
other "revolving credit."
- Delinquent payments - Be aware that paying off a collection account
will not remove it from your credit report. It will stay on for seven
years unless you get a letter of deletion from the collector.
- New accounts - If you have been managing credit for a short time, don't open a lot of new accounts too rapidly
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.