Not knowing what your credit report says about your finances may cost you more when trying to obtain a mortgage. Even those who pay everything on time might have an unaddressed credit issue that is hurting their credit! It is possible for incorrect information to be reported on your credit report, and it is important to identify any issues and correct them before you apply for a mortgage.
Understanding Your Credit
What does your credit say about you?
What makes up your credit report?
Your credit score is a numerical representation of your trustworthiness in paying back debt. Each bureau will present you with a credit score based on the data they have.
What is reported?
A few of the items reported on your credit may include:
- Credit Cards
- Department store cards
- Gas cards
- Bank cards
- Airline cards
- Installment Loans
- Mortgage loans
- Auto loans
- Student loans
- Â Utilities
- Rent (sometimes)
- Collections or judgements
- Bankruptcies
What does your credit history look like?
Credit history is a record of the health of each reporting credit line. Your credit score is created from the list below.
Meet Chris Moylan
Senior Mortgage Advisor, Team Leader // Â NMLS #304773
With over 20 years in the mortgage industry, I have helped clients navigate multiple rate cycles, evolving underwriting standards, and every type of market condition. Experience matters in lending, especially when the decisions you make today impact your family for decades.
I am based in Maryland and licensed to assist families in all 50 states. Many of the clients I work with relocate frequently, particularly military families navigating PCS moves. Because of that, I have built my practice around long-term relationships rather than one-time transactions. If you are stationed in one state today and another two years from now, I am your lender for life.
A significant portion of my work focuses on VA lending. Entitlement strategy, funding fee structure, residual income analysis, assumptions, and IRRRLs all require experience and careful planning. My role is not simply to secure approval, but to structure the loan properly from the start.
I also work extensively with first-time homebuyers, move-up buyers, and seasoned homeowners. First-time buyers need clarity and education. Experienced buyers value efficiency and strategic structuring. My approach adjusts accordingly, but the standard remains the same: clear numbers, straightforward answers, and no surprises at closing.
The majority of my business comes from repeat clients and referrals. That trust is earned through accessibility, consistency, and steady guidance from start to finish.
When you work with me, you work directly with me. No call centers. No confusion. Just experienced guidance and a relationship you can rely on through every move, every refinance, and every stage of homeownership.
