148 Northwest Drive Watertown CT 06795 For Sale

I live around the corner from this beautiful 4 bedroom colonial and would be happy to welcome you to the neighborhood with the Courtesy, Competency and Concern you’d expect from a seasoned mortgage professional. I can help you live comfortably and financially secure in this home with the right mortgage for your needs at the right rate.
148 Northwest drive
Move right in to this 4 Bedroom, 2 ½ Bath Colonial featuring a spacious Eat-In Kitchen, Formal Living Room, Formal Dining Room, Family Room with Cathedral Ceiling and Gas Fireplace. Includes new Bamboo Hardwood flooring, updated Baths, First Floor Bedroom or Office, Master Bedroom with His and Hers walk in closets, and a 2 car garage.

https://www.trulia.com/property/3201933678-148-Northwest-Dr-Watertown-CT-0675

Reach out to Me @ 860.945.9284 to discuss the right mortgage option for your family and to take advantage of my FREE “Jump Start” Mortgage Pre-Approval service.

Then reach out to Ann Martere, Realtor at annemartere@optonline.com or 860.766.7330 to schedule a showing and be ready to make an offer.

Credit Tips for Home Buyers, and Home Owners, to Consider

good-credit-vs-bad-creditYour Credit Score is the most obvious factor in your ability to getting your Mortgage Application approved. The higher your score, typically the less risk you pose to lenders and the lower your mortgage interest rate. So how is your credit score determined? And how can you improve it?
Here are some Credit Tips for Home Buyers to Consider:

• Consumers can obtain free credit score models on-line all with different ranges.
These scores can differ from the FICO score models used by mortgage lenders

      ♦ The Only Website authorized by law to provide the FREE Annual Credit
Report you are entitled to under the Fair Credit Reporting Act
annualcreditreport. com. 

• Mortgage accounts add more points to the FICO score since they are the most
difficult type of credit to qualify for.

• The higher the credit score, the more it drops after a delinquency.
• Most negative info remains on your credit report for 7 years.
• Revolving credit balances can have an extreme impact on credit scores.
     ♦ Revolving credit is classified as credit cards, overdraft protection on checking
accounts, and other lines of credit

• Most experts recommend keeping your overall credit card utilization below 30%.
Lower credit utilization rates suggest to creditors that you can use credit r
responsibly without relying too heavily on it, so a low credit utilization rate may
be correlated with higher credit scores.
You can calculate your credit utilization rate by dividing your total credit card
balances by your total credit card limits. The resulting percentage is a
component used by most of the credit scoring models because it’s often
correlated with lending risk.

• Closing revolving credit cards can reduce scores dramatically since it can alter the balance-to-limit ratio.
      ♦ All of the accounts on your credit reports count, even if they are closed.
• The older the average age of credit, the better it is for FICO scores.
• Seasoned credit is credit accounts that are over 2 years old.
• Consumers with the strongest credit scores tend to have a mix of different
types of accounts.
The key is to manage all these accounts responsibly. Credit scoring models are
looking to see if you can handle all different types of financing as they assess
your creditworthiness.

• When consumers find errors on their credit report, they should speak with a credit expert before calling the creditor directly.
Consumers often rush to call creditors about errors on their credit  report
thinking it will help them. Often times, they may make a statement that
confirms their guilt or makes it more difficult to reach a successful resolution.

Resources: Northshore Advisory. www.northshoreadvisory.com