Mortgage Advisor: Matt Neimark                      What Makes Up Your Credit Score?     When you borrow money your lender sends information to a credit bureau which details, in the form of a credit report, how well you handled your debt. From the information in the credit report, the bureau determines a credit score based on five major factors: 1) previous credit performance, 2) current level of indebtedness, 3) time credit has been in use, 4) types of credit available, and 5) pursuit of new credit. As you can see by the pie graph, your credit rating is most affected by your historical propensity for paying off your debt. The factor that can boost your credit rating the most is having a past that shows you pay off your debts fairly quickly. Additionally, maintaining low levels of indebtedness (or not keeping huge balances on your credit cards or other lines of credit), having a long credit history, and refraining from constantly applying for additional credit will all help your credit score. Information Source: myfico.com Get Pre-Qualified for your loan now	Mailing Address: 106 SW 140th Terrace Suite 3 Newberry, FL 32669 Phone Number: Mobile: (352) 339-2720 Mobile: (352) 538 1982 Office Fax: (352) 331-3893 Direct: 352-339-2720 Office Phone: (352) 331-5152