Find the Perfect Mortgage
For Your New Home

Your Path to Homeownership Starts Here

  • Personalized mortgage solutions tailored to your needs
  • Competitive interest rates and flexible terms
  • Support through every step of the home buying process

Find the Perfect Mortgage
For Your New Home

Your Path to Homeownership Starts Here

  • Personalized mortgage solutions tailored to your needs
  • Competitive interest rates and flexible terms
  • Support through every step of the home buying process

Why Choose Us?

  • Expert Guidance: Our team of experienced professionals is here to guide you through every step of the home financing process.
  • Personalized Solutions: We offer tailored mortgage solutions that fit your unique financial situation and goals.
  • Competitive Rates: Enjoy some of the lowest interest rates in the market.
Your FICO score plays a crucial role in securing a favorable mortgage rate.​

Importance of a
Good FICO Score​

Your FICO score plays a crucial role in securing a favorable mortgage rate.

Importance of a Good FICO Score

How to Improve Your
FICO Score

How to Improve
Your FICO Score

Your FICO score is a crucial factor in determining your eligibility for the best mortgage rates and terms. A higher credit score not only increases your chances of loan approval but also helps you secure lower interest rates, saving you money over the life of your loan.
01

Pay Bills on Time

Consistent, timely payments boost your credit score. Paying your bills on time is one of the most significant factors affecting your credit score.

02

Reduce Debt

Lowering your overall debt levels can positively impact your score. High levels of debt, especially credit card debt, can negatively affect your credit score. 

 
03

Check Your Credit Report

Regularly review your credit report for errors and disputes. Mistakes on your credit report can lower your score unjustly.

Refinancing Options

Refinancing your mortgage can provide significant financial benefits. Whether you’re looking to lower your monthly payments, reduce your interest rate, or shorten your loan term, our refinancing options are designed to meet your needs.

  • Lower Monthly Payments: Refinancing to a lower interest rate can reduce your monthly mortgage payments, freeing up cash for other expenses.
  • Shorten Your Loan Term: Refinancing to a shorter loan term can help you pay off your mortgage faster and save on interest over the life of the loan.
  • Access Home Equity: Cash-out refinancing allows you to tap into your home’s equity for major expenses like home improvements, education, or debt consolidation.
Why Choose Polaris Home Funding Corp.

What Set Us Apart

Why Choose Polaris Home Funding Corp.

What Set Us Apart

Competitive Rates

We provide competitive interest rates on our home loans, helping you save money over your mortgage.

Exceptional Service

Customer service is our top priority. Our dedicated team is committed to making your mortgage experience stress free.

Range of Loan Products

Whether you're buying a home or looking to refinance we're here to guide you to your best option.

Streamlined Process

We strive to make the mortgage process as straightforward and efficient as possible, guiding you every step of the way.

Personalized Solutions

Our experienced mortgage professionals work closely with you to understand your individual needs and tailor a perfect mortgage solution.

Seamless Solutions

Streamlined processes and efficient solutions tailored to your needs. Ensuring a smoother and more effective experience from start to finish

Frequently Asked Questions

What is a FICO score?

A FICO score is a type of credit score created by the Fair Isaac Corporation. It is used by lenders to assess an individual's credit risk and determine their eligibility for loans, including mortgages. The score ranges from 300 to 850, with higher scores indicating better creditworthiness.

How is my FICO score calculated?

Your FICO score is calculated based on five main factors: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%), and credit mix (10%). Each factor has a different weight, with payment history and amounts owed being the most influential.

What is considered a good FICO score for a mortgage?

Generally, a FICO score of 670 or higher is considered good and increases your chances of qualifying for favorable mortgage terms. Scores above 740 are considered very good to excellent and can help you secure the best interest rates.

How often should I check my credit report?

It's a good idea to check your credit report at least once a year to ensure there are no errors or fraudulent activities affecting your score. You are entitled to a free credit report from each of the three major credit bureaus (Experian, TransUnion, and Equifax) once every 12 months.

Can I get a mortgage with a low FICO score?

Yes, it is possible to get a mortgage with a low FICO score, but it may come with higher interest rates and less favorable terms. Some loan programs, such as FHA loans, are designed to help individuals with lower credit scores qualify for home financing.