Improving your credit score - Fidelity Mortgage Capital

How can you improve your credit score?

It's virtually impossible to change your score in the time between when most people decide to buy a home or refinance their mortgage and when they apply. So the short answer is, you really can't "on the spot." But there are strategies you can live with to make sure when you apply for a loan your score is as high as possible.

Make sure that the information each of the three credit reporting bureaus has on you is consistent and up to date. Order a copy of your credit report about once a year, and dispute any inaccuracies.

Note: Theoretically, if a series of credit reports is requested on your behalf during a limited amount of time, your score goes down until time passes without any inquiries. Changes in the law though have made "consumer-originating" credit report requests not count so much. Also, a series of requests in relation to getting a mortgage or car loan is not treated the same as a number of credit card requests in a limited time. This is because the credit bureaus, and lenders, realize that people request their own credit reports to keep up with what's on them, and smart consumers shop around for the best mortgage and car loans.

Unsolicited credit card solicitations in the mail don't count against your credit report, so don't worry.

The two main components of your credit score are your payment history and the amounts you owe. Bankruptcy filings and foreclosures, which can stay on your credit report for as many as 10 years, can significantly lower your score. It's never a good idea to take on more credit than you can handle.

Late payments work against you. It's extremely important to pay bills on time, even if it's only the monthly payment.

Dont "max out" your credit lines. Since the size of the balance on your open accounts is a factor, lower balances are better.

It's said that by carefully managing your credit, it's possible to add as much as 50 points per year to your score.

Missouri Relocation, St Louis Real Estate, St Charles Real Estate, O'Fallon Mo, Fidelity Bancorp,Fidelity Mortgage Capital, Fidelity, Fidelity Lending, san louis o san bienes raíces de mo de charles, MO Homes For Sale, Home For Sale In St Louis MO, missouri home search, Top Missouri Realtors®, st charles real estate, Best Realtor in St Chalres MO, St Charles Real Estate, St Louis Real Estate, Best Realtor in St Louis MO,St Charles MO Homes For Sale Home Search, St Louis Mo Real Estate, Saint Charles MO Realtors®, Chesterfield MO Real Estate,o fallon home loans, top realtor in st louis st charles, ofallon home loans, St Louis MO REALTORS®,wentzville real estate, top real estate agents in lake st louis, Missouri Home Search, Relocating to St Louis Missouri,Saint Charles MO Homes For Sale, saint louis real estate, top st louis realtor,top st charles realtor, Saint Louis MO Homes For Sale home search, Wildwood Real Estate,Winghaven Homes, Turtle Creek Homes, saint charles missouri schools, bilingual missouri real estate agents, Canvas Cove Homes, Monticello Homes,Manchester ,O'Fallon MO Homes For Sale home search, O Fallon MO Home For Sale home search, Homes For Sale In O Fallon MO, St Charles Mo Homes Real Estate home search,St Louis Homes, Lake St Louis MO Homes, st louis missouri real estate agents, top st louis real estate agent, Missouri Mortgage Companies, St Louis County,find a home in st louis, Homes For Sale In Lake St Louis MO, Wentzville MO Homes For Sale, Missouri Homes For Sale, Homes For Sale In Wentzville Mo, Homes For Sale In Missouri, assit 2 sell,find a home in chesterfield, Chesterfield Mo Homes, Missouri Real Estate, real estate in st louis mo, st peters real estate, lake st louis real estate, 2 Sell St Louis, 2 Sell St Charles, Buying a home in Missouri, mo low commission real estate, Selling a Home In Missouri, Prudential Realtors®, ballwin real estate, Prudential Patterson REALTORS® st Louis Mo, st charles real estate agents,Prudentil Patterson St Charles MO, Prudential Patterson, Chesterfield Real Estate,REALTORS® O Fallon MO,#1 Listing Agent in St Louis, Prudential Patterson Relocation, Ellisville Real Estate,Chesterfield Mo Homes For Sale Home Search, Homes For Sale In Chesterfield Mo, st louis real estate agent, st charles home loans, Ballwin Mo Homes For Sale Home Search, Homes For Sale In Ballwin MO, Ellisville Mo Homes For Sale, Find Homes In St Louis MO, find a home in wentzville,mo discount realtors,Homes For Sale In Ellisville MO, Creve Coeur Mo Homes For Sale, top missouri realtor, Homes For Sale In Creve Coeur Mo, Town and Country Homes For Sale home Search, Homes For Sale In Town and Country MO, Missouri Sellers Agents,Town Country Real Estate ,Missouri Buyers Agents, St Albans MO Homes for Sale Home Search, Homes For Sale In St Albans MO, Wildwood Mo Homes, Homes For Sale In Wildwood MO, St Peters MO, Augusta MO Homes, Augusta Real Estate, New Melle Real Estate,# 1 st charles real estate agent ,Homes For Sale in New Melle MO, Sell My St Louis MO House, Sell My St Charles County home, Top Missouri Realtor,Nationwide Commercail mortgage broker, SBA loans nationwide,Missouri small business loans, nationwide small business loans, nationwide hard money commercial loans, Missouri hard money commercial loans,nationwide business equipment loans, commercial real estate purchase loans, small commercial lines of credit.,Church loans,resorts,hotels,apartment buildings,retail,office,warehouse,restaurant financing. Reverse mortgage specialists, Missouri Reverse mortgage, HECM Reverse mortgage, special HECM Reverse Mortgage Loans, qualify for reverse mortgage,St. Louis reverse mortgage,no payment reverse mortgages, international commercial mortgage loans.