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?
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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.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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🌆 Why Houston CRE Is Still a Lender Favorite in 2025 💼
🏢 Top Reasons Lenders Still Love Houston Commercial Real Estate in 2025 💰
Why Houston CRE Is Still Attractive to Lenders in 2025
Houston continues to prove itself as one of the most resilient commercial real estate (CRE) markets in the nation — and in 2025, lenders are taking notice. Despite tighter credit conditions and nationwide market corrections, Houston’s diverse economy, population growth, and strong asset fundamentals are keeping capital flowing into the city’s commercial properties.
Houston’s economic stability goes far beyond energy. The region’s growth in healthcare, manufacturing, logistics, and tech sectors has balanced out the cyclical swings of oil and gas. This diversification makes Houston a safer bet for lenders who want predictable performance across market cycles.
With more than 7.5 million residents in the Greater Houston area, demand for industrial, multifamily, and mixed-use assets continues to rise. Lenders view population growth as a key buffer against vacancies and rent stagnation — ensuring long-term loan performance and lower default risk.
Industrial facilities near the Port of Houston, along with medical office buildings in West Houston and the Texas Medical Center, remain lender favorites. These asset types consistently outperform in both occupancy and rent growth, providing stable underwriting metrics for banks and private lenders alike.
From SBA 504 loans for owner-occupied real estate to DSCR and bridge loans for investors, Houston’s financing landscape remains deep. Platforms like Medallion Funds leverage over 600 lenders nationwide, ensuring borrowers can access competitive terms even as interest rates fluctuate.
Ongoing projects like the Grand Parkway expansion, I-10 corridor development, and corporate relocations to Katy and Fulshear have made West Houston a hotspot for investors. Lenders are eager to back markets tied to job creation and sustained infrastructure investment.
In 2025, Houston remains one of the most lender-friendly CRE markets in the U.S.. For borrowers, that means better access to capital, flexible structures, and opportunities to scale portfolios — even in a tighter credit environment.
If you’re looking to finance a commercial acquisition or refinance an existing property, Medallion Funds can connect you with the right lenders for your deal.
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© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
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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/