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How to Boost Your Credit Score

If you’re hoping to qualify for a mortgage, having a high credit score can pay off.

The higher your score, the likelier you are to qualify for a mortgage—and snag a lower mortgage rate. So, what can you do to boost your score?

“Paying your bills on time does it all the time, even if it’s just the minimum payment,” said New American Funding loan officer Ken Smith. He’s based in Evans, Ga.

You should also try to keep your credit card balances low. This can help to increase your score.

“Whatever you do, don’t max out your credit cards,” said Smith.

You should also check your credit report to make sure there aren’t any mistakes on it. And you don’t want to make any late payments.

Ken Smith NMLS # 1693047