Our mobile site is optimized for smaller screens.


Back To Blog

Credit Scores

Thinking of buying property?

How is your credit scored?

The following factors are taken into consideration:

  • 35% --payment history
  • 30%--amount owed
  • 15%--length of credit history
  • 10%--new credit
  • 10%--types of credit in use
Simply put, for good credit you need to pay bills on time, do itall the time, owe little money compared to your income, use credit reasonably,and donot open up new accounts prior to applying for a loan. In this particular economic time, good credit is of utmost importance to meeteligibility requirements for a loan.A good credit score is above 680. A score below 680drastically reduces your eligibility for a loan. Therefore, check your score when thinking of buying real estate. If it is below 680, make a plan to correct it by speaking with a financial advisor/lender.

For more information give us a whistle.

Add Comment

Do not fill in this field:

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.


  1. No comments. Be the first to comment.


Client Testimonials

Ed and Agnes are wonderful and kind people. I trust them both completely.

Recent Blog Posts

5 Things to Consider When Hiring a Contractor - 09.07.2017

Fall is a great time to consider more significant home improvements including bathroom and kitchen remodeling, exterior residing and shingling, and landscaping upgrades and improvements.  With the holidays still months away many projects can be completed before guests, turkeys, and trees [...]

Things to do in the Fall on Cape Cod - 08.23.2017

Ask Agnes Vol IV: Fall on Cape Cod Cape Cod Chatelains: "Can you believe, Agnes, that Labor day is almost here and fall is just around the corner?" Agnes: "Unbelievable.  I love the summer on Cape Cod but fall is fantastic for a lot of different reasons." CCC: "That certainly makes my next question easy...what do you love about fall [...]

Add value to your home through exterior improvements - 08.18.2017

  As the days get shorter and the prospect of fall becomes ever more apparent, outdoor landscaping improvements seem less daunting.  Cooler weather makes outdoor projects more enjoyable and undertaking even simple jobs can add significantly to the curb appeal of your home.  The National [...]

Read More