Insider Discussion – Your Credit Score = Thousands in Interest—Here’s Why
Insider Discussion – Your Credit Score = Thousands in Interest—Here’s Why
Your credit score can make or break your mortgage rate!
A 50-point difference can cost you thousands in interest! Want my top 3 credit hacks before applying? DM me now and let’s discuss.
I hope this information was helpful! If you are considering buying or selling a home, I would love to talk to you. I am a seasoned agent with over 24 years of experience in the local real estate market. I would love to be able to get you the financial result you desire from your current home to get you in to that Dream Home! Don’t hesitate to call me anytime at 260-579-1516 or you can email me at mike@mikearchbold.com.
Your Credit Score Can Make or Break Your Mortgage Rate
Planning to buy a home? Before you start scrolling through listings, take a close look at your credit score—because a small difference can cost you big money over time.
Here’s how it really works:
A 50-Point Difference Could Cost You Thousands
Let’s say your score is 670 instead of 720. That could mean a higher interest rate—sometimes by a full percentage point or more. Over a 30-year loan, that adds up to tens of thousands of dollars in extra payments.
Lenders Use Score Tiers—Not Just the Number
Most lenders group scores into ranges (e.g., 620–639, 640–659, etc.). Improving your score by even 20–40 points could move you into a better tier with significantly better loan terms.
Lower Scores = Higher Risk = Stricter Terms
If your credit is on the lower end, you may still qualify—but expect tighter conditions: higher down payments, mortgage insurance, or limited loan programs.
The Good News? You Can Improve Your Score—Fast
Credit scores aren’t permanent. With the right steps, many buyers can boost their score in 30–90 days and unlock better financing.
Want My Top 3 Credit Hacks Before You Apply?
I’ve helped buyers improve their scores and save thousands in interest—before they ever spoke to a lender.
👉 DM me and I’ll send you my free guide with the top 3 things you can do right now to improve your credit before applying for a mortgage.
Michael J Archbold
Associate Broker, REALTOR, ePro
RE/MAX Results
8101 Coldwater Rd
Fort Wayne, IN 46825
c. 260-579-1516
e. Mike@MikeArchbold.com
w. www.MikeArchbold.com
Oh, by the way… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.
Why Does RE/MAX Results Stand Out Among the Competition?
Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.
Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business. The relationships we build with our clients enable us to work 100% by referral.
The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!
Want to experience the difference for yourself? Call or text me today at 260-579-1516.
“Professional Service with a Personal Touch“
We’re Here To Help
Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership. Click here to read more about our Buyer Services. Click here to browse listings NOW! Looking to sell your home? Call today to set up an appointment to begin developing your customized marketing plan. Click here to read more about our Seller Services.
Hoosier Home Listings by RE/MAX Results is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. RE/MAX Results is an Equal Housing Opportunity company.
Hoosier Home Listings – Insider Discussion – Insider Discussion – Your Credit Score = Thousands in Interest—Here’s Why …
… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.
The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to Re/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.
