Credit Scores and Refinance Rates

Your credit rating and credit score are big determinates of how much you can borrow and at what rates you can borrow money. If your score is under 700, you will usually have to pay more points or a higher interest rate because you may be considered a higher credit risk to a bank or mortgage company. Make sure you know your Credit Score before talking about Refinancing. This will put you in a better position to know your options and potential refinance rates.

For a Free Credit Report, you can visit www.GoFreeCredit.com

For help with improving your Credit Score, you can visit www.GoLookOnline.com