620? 660? 700? What Credit Scores Really Matter And 5 Ways to Boost Yours
- marketing928870
- Nov 7
- 2 min read
FHA Loans: 580+
Conventional Loans: 620+
No Income Check / Jumbo Loans: 700+
The good news? There are actionable steps you can take to help your score climb ⬆️ and improve your chances of mortgage approval.
5 Ways to Grow Your Credit Score
Cut Utilization Keep each credit card’s balance between 10–30% of your limit. Pay down balances before the statement closes to lower reported utilization.
Never Miss a Payment Set up autopay and bring any past-due accounts current. Payment history is the biggest factor in your score.
Fix Errors Check your credit report for mistakes. Dispute incorrect data and ask collectors for pay-for-delete agreements when possible.
Add Positive Accounts Consider secured credit cards, becoming an authorized user, or using rent and utility reporting services to build positive credit history.
Be Selective with Hard Inquiries Limit new credit applications. Group rate-shopping within a short period to minimize the impact and keep old accounts open to maintain credit history.
📩 DM “CREDIT” for a quick strategy call with LJ Mortgage Team Inc. and start building your path to homeownership today!
Contact LJ Mortgage & Realty Team
Your Local Guide to Homeownership!
📍 127-03 Rockaway Blvd, South Ozone Park, NY 11420
📞 (516) 218-1297
Services: Buy – Sell – Rent | Equal Housing Opportunity
LJ Mortgage Team Inc. NMLS# 2120286
Purchase & Refinance | NYS Registered Mortgage Broker, NYS Dept. of Financial Services
Broker arranges mortgage loans with third-party providers. Mortgage Broker Only – Not a Lender or Correspondent Lender. Licensed by NJ Department of Banking and Insurance.
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