veda score

• 13 Aug, 2019

• Categories Home Loans

How Your Credit Score Affects Your Home Buying Costs

Buying A New Home is a tricky endeavour. It involves looking at various options, finding the right house that suits your budget and finally, applying for a loan. And then, you are denied of that? Why? Because your credit score is too low. How come this figure matter so much? Well, your credit score gives the lender an estimate of the amount you can repay monthly. So, what criteria does it operate on? Let us find out all about having a good credit score and applying for mortgage. What is a Credit Score? A credit score is a four-digit figure that…