Why top real estate producers rely on Keith Brown

"Keith Brown is the Fairfax mortgage lender I've counted on for years. His pre-approvals stick, he uses local appraisers, and his loans close on time." Learn more »

Why homebuyers trust Keith Brown

"Keith Brown got us a great rate on the right type of loan. When there was an underwriting issue, he solved it so we closed on time with no surprises." Learn more »

Call Keith at 703-449-6821 or GET STARTED TODAY!

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Understanding Credit Scores

What Hurts My Credit?

There are many factors that can hurt your credit score.  Note that mortgage Inquiries DO NOT affect credit scores. Here, listed from biggest impact down, are factors that do have an impact on your score.

Factors that will lower your credit score:

Foreclosures and Short-Sales.
Bankruptcies
Judgments.
Tax Liens.
Collections.
Late Payments (the more recent the worse)
Balances on revolving credit that exceeds 50% of your credit limit
Amount of revolving credit that is open and showing balances
Newly opened revolving credit card debt
Lack of recent revolving credit card history
Credit History less than two years old
More than 2 revolving credit inquiries within 30 days (this has a very minimal impact, however).