How Does My Credit History Affect My Mortgage?

How does my credit history impact what I'm approved for? Your credit history is one of the most important factors in determining what you could be approved for. Your credit history impacts your interest rate, down payment options, amount of monthly PMI you will pay if you're not putting down 20%, loan programs you're eligible for, and how much you can borrow.

Your credit history is how banks decide how much of their money they will trust you with, and how much they're going to charge you to borrow it. It's basically like a report card for adults without the convenience of summer school to make up for a bad break. The better your credit history, the more options you have, and the more affordable those options will be.

If you have questions about your credit, give me a call anytime. Don Anfuso, your Mortgage Pro for Life.

Client Testimonials

To be honest, most of my clients come to me by referral. When it comes to one of the biggest financial decisions of your life, you want to make sure other people have had the positive experience you’re hoping to have.
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23 perfect five stars on Zillow
  • "This is now the third time in eight years I have worked with Don. Every time is easier than the last if that was even possible."
    Review 5 Stars
    Kevin Alcott
    “As first-time homebuyers, we were hesitant and questioning a few things, but Don was always available and willing to answer any questions we had.”
    Review 5 Stars
    Nick Mattia
    “He told me what I needed to do and told me if I did it I would be in a house in 8 months and he was absolutely right.”
    Review 5 Stars
    Ryne Barry
  • "Don was always available when I had questions or doubts, was completely transparent and helped me make some very smart financial decisions."
    Review 5 Stars
    Kate Lewis
    “As first-time homebuyers, Donald and his team made the process smooth, easy and fast! Always available to ask questions, even after work hours!”
    Review 5 Stars
    Renata Clasadonte Iannitelli
    “His honesty, consistent follow-up and advice were invaluable in our process and made us feel comfortable trusting this major milestone in his hands.”
    Review 5 Stars
    Anthony Loffredo
  • “He was clear and transparent in his every move and it was a fairly smooth process. He even sent a lovely housewarming gift that we adore. ”
    Review 5 Stars
    Kathy Capozzi
    “The process was seamless and Don was available to answer all of our questions timely and thoroughly. ”
    Review 5 Stars
    Jessica S.
    "Don helped us buy and refinance our first house and was an invaluable asset as we navigated those complicated waters for the first time."
    Review 5 Stars
    G. Dicrosta
Donald Anfuso is a licensed Mortgage Loan Originator NMLS #53683 with Homeland Lending LLC NMLS #245662 at 290 Vincent Ave 3rd Floor, Hackensack NJ, 07601. No mortgage solicitation activity or loan applications for any real estate transaction can be facilitated through this site. This site is intended for informational purposes only. Please visit www.homelandlending.com/loan-officers/donald-anfuso for online mortgage inquiries.