How Credit Scores Impact Your Mortgage Approval

Why Credit Scores Matter

Lenders use your credit score to gauge how likely you are to repay a loan. A higher score often means lower interest rates and more loan options, while a lower score can lead to higher costs—or even denial.

What Makes Up Your Score?

It depends on your goals. Fixed rates are great for long-term stability—perfect if you’re planning to stay in your home for many years. ARMs can save you money early on, especially if you plan to move or refinance in a few years.

How to Improve Before Applying

If your score needs work, start by checking your credit report for errors, paying off debt, and avoiding new credit applications. Even a small boost can make a big difference in your mortgage terms.