How To RAISE Your CREDIT SCORE When Applying For A Mortgage

In this video, we'll discuss why your credit score may be lower when applying for a mortgage.

Your credit score is one of the most important factors when applying for a mortgage. It can determine your eligibility for a loan and how much you can borrow. Sometimes, factors that are not directly related to your credit score can affect your score. In this video, we'll discuss one of these factors and how it can affect your credit score.

//MG The Mortgage Guy Official TikTok:

Thanks for watching!!
00:00 Introduction
00:13 Types Of FICO Scores
00:39 Mortgage Scores
01:44 Why Your Mortgage Score Is Lower
03:40 Charge Cards
04:23 Improve Credit Utilization
05:09 Boosting Your Score
05:51 Paying Off Loans
06:19 Outro

[tamara-harden]

This video needs to be on top for "How to increase your Mortgage Fico" I literally watched ten videos before I found the gems I needed on this subject.

[treyatl]

That AZEO method is the truth for mortgage scores. All credit cards need to be zero except one. Then that one needs to have a utilization under 9%. You will see a major jump in your mortgage scores. The Fico Mortgage scores will penalize you for having a zero balance on all of your cards.

[thelewisgirls]

I cant thank you enough! Ive been working on my credit for 18 mos (lived overseas for years) and was crushed when I saw how poor my mortgage score was compared to my ususal fico. I am so happy I can do all 3 of these things really quickly! You saved me from tears and giving up!!

[caioheitor]

Investing appropriately today can save you a whole lot of stress in the nearest future

[Vigilant-Citizen]

Wow. I learned something new today. I never heard of the "AZO" method. This is the value the MG's channel brings to our community Thank you, Queen Shonda and King MG!

[michellegreen]

Great video about the mortgage credit score.

We can confirm having more than zero credit inquiries in the last 12 months is a negative factor.

[BWTV]

This was Amazing. I was wondering why my score went down over a 15$ medical copay I forgot about.

[-stepverified]

damn, mad gems and specific information on topics that everyone always just talks generally on.

[TheMarTianSMG]

can you make a video on resident score what they use to rent people houses your credit score ain't what they use

[sandracharlotte]

A tradeline means that you are a authorized user of someone else's credit card. You don't have to have possession of the card, but their credit history will reflect on your credit report...a parent or family member with EXCELLENT credit can be a "tradeline" I graduated college with 97, 000 in debt"...that right there is a Huge problem..schools have become a business that drain students of money and yet, no one is stepping in to help the students who then graduate with massive debt and have difficulty paying it off...Having that much debt can be overwhelming for ANYONE...Especially a young 20 something who hasn't even began their career. But i really thank you for this video because i found Mr .X
and within few week they fixed my Credit score which is hindrance by student loan and added a large tradeline thanks a lot Mr X, thier Google business email are

[chuckgripp]

Im so in love with Shonda. She be fine as hell for no reason

[susang.]

Matt. Yes Big up to you because . Shonda IS the Credit 🐐. I thought I knew credit until i heard her drop gems 💎 💎💎💎
NOBODY explains this especially the differences betw. what mortgage lenders vs other lenders look for and the reports they pull
The Queen 👸🏽👑

[thetrueamericanindian]

Why are they doing this to people if it's wrong and out dated

[team_terra]

I don’t see her info in the description

[elevn]

Her information is not in the description…

[sandraschaefer]

I would say I don't know how I find you on YouTube, but I
know better. My husband and I have been in prayer so that
we get our credit scores up and our credit record in great
shape so that we can purchase our forever home. It was no
one but God that led me

[arlishaedwards]

Really good. What was the credit experts name?

[HauntedTexasThemePark]

And another one! 🔥🔥🔥 Great info MG! 👏🏽👏🏽👏🏽

[malikdey-nativemoor]

The Goddess was on 🔥.
Thanks MG for the introduction.
Share. Like. Subscribe

[christinashultz]

She couldn’t say specifically…so the information is invalid 😂😂