Your Credit Score and your Mortgage Loan
August 15, 2014
It is a common mis-conception that you have just one credit score. The truth is, you have many of them. It all depends on what company is reporting the score. Lenders pull scores from a variety of sources. Even though you just checked your score, it may not be the one that the lender is using. Ask what score they pulled and where that puts you in terms of interest rates. It would be pretty awful to be one point away from a better interest rate and not know it! Zillow has an excellent explanation of credit scores here.Many of the buyers I work with worry that shopping for a lender, and having their credit report pulled multiple times, will negatively affect their credit score. Stop worrying. Pulling your credit report for a mortgage loan is treated much differently than having your credit pulled for a credit card. Read why here.
It pays to be educated on the loan process.
A lifetime Maryland resident, Susan Pruden has the ideal foundation for selling and buying homes. After 8 years working in just about every facet of the mortgage industry, and several years with her own company specializing in marketing for real estate agents, Susan got her real estate license in 1994. Susan has earned several industry awards. The CENTURY 21 Quality Service Pinnacle Award is based on reviews from Susan's clients and is earned by a very small percentage of agents. She has earned that coveted recognition since 2012
Two others were awarded by the Prince George's Association of REALTORS®. The Distinguished Sales Associate of the Year Award is based on a mixture of community involvement, association involvement and real estate education and designations. The other, the Distinguished Service Award, is for "exceptional meritorious service."
Susan is involved in her local community. She was named Cheverly Volunteer of the Year in 2018, even having June 25th designated "Susan Pruden Day" in the Town of Cheverly. She is also a Commissioner on the Prince George's County Historic Preservation Commission and President of the Cheverly American Legion Auxiliary.
Susan Pruden has lived in Cheverly lived with her husband, Joseph, for almost 30 years.
