Five Factors that Decide Your Credit Score

Scores range between 200 and 800. Scores above 620 are considered desirable for obtaining a mortgage. These factors will affect your score:

  1. Your Payment History - Whether you paid credit card obligations on time.
  2. How Much You Owe - Owing a great deal of money on numerous accounts can indicate that you are over extended.
  3. The Length of Your Credit History - In general the longer the better.
  4. How Much New Credit You Have - New credit, either installment payments or new credit cards, are considered more risky, even if you pay promptly.
  5. The Types of Credit You Use - Generally, it's desirable to have more than one type of credit-installment loans, credit cards, and a mortgage, for example.

For more on evaluating and understanding your credit score, go to MyFico.com.

About Us

Four generations and over eight decades of real estate professionals focused on the communities of San Leandro, San Lorenzo, Oakland, Castro Valley, Hayward and Alameda.

DRE # 01782340

Our Mission

To help our clients achieve their real estate goals by providing excellent service, professional representation, thorough follow through and unwavering integrity.

Contact Us

  • Hours: M-F | 9am-5pm
    Sat-Sun | by appointment
  • Office: 581 East 14th St.
    San Leandro, CA 94577
  • Phone: 510-632-1234
  • Fax: 510-632-3452
  • Email: Contact Form