Tips on How to Improve Your Credit Score

Hey folks, it's time to get real about your credit score. If you're anything like me, you probably don't pay much attention to it until it's time to apply for a loan or credit card. But did you know that your credit score can make or break your ability to obtain a mortgage loan?

.

When you apply for a mortgage loan, lenders take a close look at your credit score and credit history. They want to know if you're a responsible borrower who will pay back the loan on time and in full. A good credit score can help you qualify for a mortgage loan with a lower interest rate and better terms, while a poor credit score can make it more difficult to get approved and result in higher interest rates and less favorable terms.

.

In short, your credit score is one of the most important factors that lenders consider when deciding whether to approve you for a mortgage loan. By taking steps to improve your credit score, you can increase your chances of getting approved for a loan with better terms and save yourself thousands of dollars in the process.

1. Check your credit report regularly

This is a no-brainer, but it's worth repeating. Make sure to check your credit report for any errors or fraudulent activity. You can get a free credit report from each of the three major credit bureaus every year, so take advantage of it.

2. Pay your bills on time

This one seems obvious, but it's worth emphasizing. Late payments can have a big impact on your credit score, so set up automatic payments or reminders to make sure you're always on time.

3. Lower your credit utilization ratio

Your credit utilization ratio is the amount of credit you're using compared to your credit limit. Aim to keep your utilization ratio under 30% to improve your score.

1. Check your credit report regularly

This is a no-brainer, but it's worth repeating. Make sure to check your credit report for any errors or fraudulent activity. You can get a free credit report from each of the three major credit bureaus every year, so take advantage of it.

2. Pay your bills

on time

This one seems obvious, but it's worth emphasizing. Late payments can have a big impact on your credit score, so set up automatic payments or reminders to make sure you're always on time.

3. Lower your credit utilization ratio

Your credit utilization ratio is the amount of credit you're using compared to your credit limit. Aim to keep your utilization ratio under 30% to improve your score.

4. Increase your credit limit

If you're struggling to keep your credit utilization ratio low, consider asking for a credit limit increase. Just make sure not to use the extra credit as an excuse to spend more.

5. Diversify your credit

Having a mix of credit types (like a credit card, auto loan, and mortgage) can improve your credit score. But don't open new accounts just to add diversity - only take on credit that you actually need and can handle responsibly.

4. Increase your

credit limit

If you're struggling to keep your credit utilization ratio low, consider asking for a credit limit increase. Just make sure not to use the extra credit as an excuse to spend more.

5. Diversify your credit

Having a mix of credit types (like a credit card, auto loan, and mortgage) can improve your credit score. But don't open new accounts just to add diversity - only take on credit that you actually need and can handle responsibly.

Blogs

The Top 5 Mortgage Mistakes to Avoid

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

Mortgage Do and

Do not list

Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list....

Tips On How To Improve Your Credit Score

Let's talk about some ways you can improve your credit score! Your credit score is actually a big deal, and it can affect...

📉 High Rates, High Returns? Why Multifamily Investment Is Booming Again 🚀💵

🏡 CRE Investors Are Back! Multifamily Deals Are Heating Up In 2025 🔥💰

Bill Rapp, Commercial Mortgage Broker
March 14, 2025•3 min read

Multifamily Investors Are Back: 2025 Could Be A Game-Changer For CRE 🚀🏢

After two years of cautious waiting, multifamily investors are ready to dive back into the market. According to a new Berkadia survey, a staggering 83% of investors plan to acquire properties in 2025, signaling a resurgence in deal-making after years of high interest rates and market stagnation.

But what’s driving this shift? Let’s break it down.

📊 The Return of Multifamily Investment

For the past two years, multifamily investment activity slowed dramatically as rising interest rates and pricing uncertainty kept buyers on the sidelines. However, that’s changing fast:

  • 83% of investors plan to buy in 2025, while only 2% plan to downsize their portfolios.

  • Debt costs remain a hurdle, with 93% of investors citing financing challenges, but capital is still available.

  • The 10-year Treasury yield recently dipped to 4.2%, and a further drop below 4.25% could unlock even more transactions.

💡 Translation? Investors aren’t waiting anymore—money is ready to move.

💰 Where The Smart Money Is Going

Not all properties are created equal, and investors have clear preferences on where they see the best opportunities:

🏢 Core-Plus Assets (43%) – These properties, offering stable income with some growth potential, are the top choice for most investors.
🔨 Value-Add Deals (30%) – Many see the highest upside in renovation and repositioning projects.
🌍 Regional Focus – The Southeast remains the top choice, followed by the Midwest, which is gaining traction after being largely ignored during the pandemic.

📉 The West and Central regions? Not as attractive right now.

🏗️ What’s Happening With Multifamily Development?

It’s not just investors making moves—developers are also ramping up.

In Houston’s Lake Houston submarket, nearly 1,840 units are either under construction or proposed, showing confidence in demand.

🔹 Recent Openings:

  • Bluewater at Balmoral – 92 units

  • Eleve – 322 units

  • The Residences at Kingwood – 289 units

🔹 Under Construction:

  • The Oaks – 357 units (ready by 2025)

  • The Residences at Kingwood East – 181 units

🔹 Proposed Developments:

  • Evolve Kingwood – 300 units

  • Generation Park II & III – 500+ units combined

  • The Grove II – 340 units

💡 Developers and investors alike are positioning themselves for an active 2025.

💡 Why This Matters For CRE

Multifamily real estate is entering a new growth cycle, and with debt markets stabilizing, investors are seizing opportunities. Here’s what to watch:

✅ Sellers are accepting lower valuations, closing the price gap with buyers.
✅ The 10-year Treasury yield remains a key trigger—if it stays below 4.25%, expect even more transactions.
✅ More than 50% of investors expect the market to improve significantly by 2026.

🚀 The Bottom Line: 2025 Will Be A Year Of Action

If you’ve been waiting for the right time to jump into multifamily investment, 2025 might be your best window of opportunity.

Are you ready to explore the best deals in the market? Let’s connect and discuss how you can position yourself for success in this new multifamily boom.

Looking to buy, sell, or finance commercial real estate?

Work with an experienced Commercial Real Estate & Mortgage Broker you can trust!

Call me at 281-222-0433 today!

https://www.billrapponline.com/

https://medallionfunds.com/bill-rapp/

https://billrapp.commloan.com/

https://houstoncommercialmortgage.com/

https://findamortgagebroker.com/Profile/WilliamRappJr28883

https://billrapponline.com/financingfuturescre-houston-katy

https://www.smartbizloans.com/partner/vikingenterprisellc/bill

https://doctorvideo.billrapponline.com/

https://veteransvideo.billrapponline.com/

https://mortgageviking.billrapponline.com/

https://fha203h.billrapponline.com/

https://renovationvideo.billrapponline.com

© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory

multifamily investmentMultifamily financingcommercial real estateReal estate trends 2025apartment marketMultifamily development
blog author image

Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

Back to Blog

10 Tips for First-Time Homebuyers

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

How To Choose the Right Lender for You

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

Refinancing youe loan and when to do it

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

Copyright ©2021 | Mortgage Viking Team

Licensed to Do Business | NMLS # 228246


This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/