Get a LOWER RATE (by simulating your best credit score)

TOP RESOURCES

0:00 Does a higher credit score ACTUALLY lower your interest rate?
0:37 LLPA Chart
3:20 Examples
7:19 ScoreBoost
9:24 ScoreBuilder
9:57 Take Action on Score Inaccuracy
10:38 What is the main benefit
11:25 Connect with us!

— DISCLAIMER —
Kyle Andrew Seagraves is Federal Mortgage Loan Originator (NMLS 1701021) licensed in all 50 states with the Dan Frio Team at Allied First Bank (NMLS 203463), an Equal Housing Lender. Separately, Kyle owns Win The House You Love LLC, an education company. Win The House You Love LLC is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This video is only for educational usage. All calculations should be verified independently. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice. Allied First Bank is not affiliated with the VA, FHA, or any other government agency. This video has not been approved by any government agency.

[nerdgurl]

The dilemma is that what you’re saving in interest by waiting for your score to increase could be negated by the rapid rise in the cost of houses while you’re waiting.

[KaiSosceles]

I needed this so bad. I feel like I’m constantly moving the goalposts on when I’m going to buy and credit score has been one of the areas that has been a burden in that game—not understanding just how much I’d be saving or spending based on credit score increases and decreases. Super helpful video. Thanks. :-)

[HerpDerply]

Hey Kyle, can you do a video on the pros and cons of a cosigner on a home mortgage? Will having my spouse cosign with me help me get access to better interest rates? At what credit score will it no longer be beneficial?

Thanks!

[bethharvey]

Wouldn’t this just be Vantage score not FICO. My Vantage score is quite high and I pay off my debt monthly so I always have less than 10% utilization but how does that translate to FICO? I can assume my FICO is also high but I’m not sure what the factors are in calculating it.

[michaelzhang]

Thanks, Kyle. This is very informative. I'm wondering for lower credit scores, how come paying more downpayment (15%) has more interest than paying less downpayment (3%).

[korg]

Just wanna say ScoreMaster is a pretty nice visualization tool. Obviously, you need the money to pay off your cards to get that score boost, but it was pretty darn accurate in what my future score would look like. Started a few months ago and I'm up 35 points now hoping to edge it up more by the end of summer.

[jacksonthomas]

Great content. I’m a fan. Your calculator shows $190 per month for PMI but PMI is greatly impacted by FICO. I think you need to account for that in your tool.

[radiantlibra]

Score Master sure looks like others out there such as SmartCredit. Those score simulators did nothing for me. Also, those scores are Vantage scores, not FICO scores. So, I don't see how that would help.

[lovlycu]

THAT IS EXACTLY WHERE I AM RIGHT NOW. YOU ARE PSYCHIC 😁

[ReanuKeaves]

I’m happy you didn’t run the Biden Tax Rule. Every YouTube mortgage conservative running with that headline, trying to make Biden look like the mastermind of it all lol.

[lovlycu]

AND MY OTHER COMMENT WAS DELETED DONT APPRECIATE THAT UNSUBSCRIBING