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  • 10 Credit Mistakes To Avoid If You Want To Buy A Home

    Buying your own home is one of the greatest rewards in your life...  Unfortunately, many people never get there, and a leading cause is bad credit.

    Here are 10 tips to have good credit.

    10) Not knowing your APR, or fees associated with your credit card

    9) Ignoring collection letters and calls

    8) Taking loan offers without comparing them to other offers. 

    7) Not reporting lost, or stolen credit, or debit cards right away. 

    6) Making only a minimum payment each month.

    5) Applying for new credit way too often.

    4) Going months without checking your credit score. 

    3) Not having any active credit.

     

    and the two biggest problems....

     

    2) Maxing out credit cards. 

    1) Paying bills late. Your payment history is the most important factor in determining your credit score.

    For most people, obtaining good credit is simple.  Pay your bills on time, keep credit card balances very low or zero, and don't ignore things.  For example, the number of people with bad credit scores because they have a $100 medical collection on their credit because "insurance was supposed to pay it" is shockingly high.    

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  • equal housing lender Minnesota, wisconsin, iowa, north dakota, south dakota

    Cambria Licensed Mortgage Loan Officer serving home owners, home buyers and residential real estate investors. Equal Housing Lender, Cambria Mortgage NMLS #322798. I am a licensed mortgage originator, NMLS #274132, and am licensed to originate mortgage loans in: MN, FL, WI, IA, ND, and SD. Lending services may be provided in certain states by Cambria Mortgage NMLS #322798. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. The information here may not be up-to-date and may no longer be accurate. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. © 2023 Joe Metzler