Not knowing what your credit report says about your finances may cost you more when trying to obtain a mortgage. Even those who pay everything on time might have an unaddressed credit issue that is hurting their credit! It is possible for incorrect information to be reported on your credit report, and it is important to identify any issues and correct them before you apply for a mortgage.
What does your credit say about you?
What makes up your credit report?
Your credit score is a numerical representation of your trustworthiness in paying back debt. Each bureau will present you with a credit score based on the data they have.
What is reported?
A few of the items reported on your credit may include:
- Credit Cards
- Department store cards
- Gas cards
- Bank cards
- Airline cards
- Installment Loans
- Mortgage loans
- Auto loans
- Student loans
- Â Utilities
- Rent (sometimes)
- Collections or judgements
- Bankruptcies
What does your credit history look like?
Credit history is a record of the health of each reporting credit line. Your credit score is created from the list below.
Mike Tullio
Loan Officer  //  NMLS #208860
After spending 12 years in the Manatee County School system teaching English to some amazing middle and high school students, Mike jumped headfirst into the mortgage industry in 2005. 19 years and hundreds of loans later, he has created a successful mortgage practice built on relationships and sound advice.
Mike prides himself on being able to think both inside and outside the box to customize lending solutions for each of his clients. When he’s not closing loans, Mike can be found creating adventures with his wife Meadow, two kids, Tyson (17) and Chloe (15) & Goldendoodle named Harley.
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