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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

 


 

 

 

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Equal Housing Lender. Metrocities Mortgage, LLC, 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403, is a Delaware limited liability company licensed by the California Department of Corporations under the California Residential Mortgage Lending Act. Arizona Mortgage Banker License #BK0903027; Georgia Residential Mortgage License #16984; Illinois Residential Mortgage Licensee #6424; Kansas Supervised Loan License #2002-4365; Massachusetts Mortgage Lender License #MC2011; Mississippi Supervised Mortgage Company; New Hampshire First Mortgage Banker/Broker License 8728-MBB; Licensed Banker-New Jersey Department of Banking #9932415; Pennsylvania Department of Banking #1740; Rhode Island Licensed Lender #20021343LL. Restrictions may apply, ask for details. This is not an offer for extension of credit or a commitment to lend. All calculations are approximations. All rates, fees, and programs are subject to change and/or withdrawals from the market without notice.