Your credit score is an imperative indicator of your financial stability when borrowing from any institution. By establishing good credit, you’re directly demonstrating to lenders that you’re able to pay back what you’ve borrowed in a timely manner. The DiMora Team are real estate experts in the Novi and Northville neighborhoods, and we know that when it comes to securing a mortgage loan, lenders consider issuing this loan to be a risk — no matter what. By having a good credit score, you can help their evaluations because you’ve demonstrated your risk is lower than someone with poor credit. When you apply for a mortgage loan, mortgage lenders will review your credit history and credit score. 90% of lenders use the FICO® score to measure how eligible you are to borrow from them, as well as the terms of your mortgage loan. Check out below to see what sold in Yorkshire Place in September 2024:
45584 Freemont, Novi: 4 bedrooms, 2.1 bathrooms, 2,696 sq. feet, 2 car garage, Sold Price: $562,500
Yorkshire Place Home Sold
September 2024
Your credit score is massively important when applying for and securing a mortgage loan as it determines your ability to get approved, the terms and conditions of the loan, and your overall buying power. For more information on Yorkshire Place, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.