Credit Report

Your credit score will impact the type of loan you qualify for.  Borrowers get lumped into three categories; A+, A, and A-.  An A+ borrower has a score of 680 and above and will require minimal documentation to process his loan.  An A borrower will have a score between 620 and 680 and may require additional documentation prior to final underwriting approval.  An A- borrower has a score below 620 and will have terms associated with their mortgage loan that are less attractive than A pricing.  It is to your advantage to discuss your credit history openly with us.  We need this information to match you with the best loan program you qualify for.  Merlot Mortgage will make your credit report available to you for your review at no cost.