A good result is not always sufficient dredit

LeahCoss.ca Hello everyone. How are you? By Lia Mortgage Center Coss. Another myth of the loan for you. If you have a good credit rating, which does not necessarily mean getting a mortgage. Many of you have great credit scores there. But this does not mean that banks invest their money with you, is why the credit score is essentially a mathematical algorithm that the credit bureau is in place. And what he said about the credit market have to do and howBecause the loan for you, the payments on time and do it well, so your credit score is good. But if your credit history is only six months a year, a year and a half, which is not enough time for most banks or lending institutions. And they want a minimum of two years of history. So this is the first time. The second thing is, if you only have a line of credit terms as credit card or line of credit or a loan for a car or a loan, and onlynot too impress the banks. Want to show more lines to show this a reality. You want to assure you that if you have a credit card, for example, and you have only one or two [inaudible] about $ 500. To say that is $ 500 more, not too impressive of a bank that is going to be able to borrow hundreds of thousands of dollars. So if you have good credit and were rejected, which is probably right. But the good news is that there...



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