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Why You Should Maintain Good Credit After Buying a Home

Like many homebuyers, you may be tempted to lose focus on your credit score after purchasing new homes in Rowlett TX. After all, you were probably hyper-focused on having a high credit score in order to get a good interest rate on the mortgage. Once the loan has been secured and the purchase is complete, it can feel like a relief to not have to worry about your credit score for a while.

That can be a mistake. There are many reasons to keep your credit score up even after settling into to your new home.


Your credit score can have a big impact on the cost of your car insurance. While some states don’t permit it, in most places insurers factor in your credit score when determining how much of a risk you represent. People with high credit scores are seen as safer bets for insurance, and therefore they receive lower rates, assuming they are otherwise well-qualified.


Employers also often check credit scores as a way of determining how reliable and organized you are. A solid history of paying bills on time shows a high level of responsibility and trustworthiness.

Refinancing Your Home

A good credit score will help you get the best rates if you refinance your home. Be sure to make the last payment on your old loan before the new one kicks in, so your score isn’t reduced because of a missed payment.

Purchasing Your Next Home

At some point you will likely want to sell your current home and buy a new one. Stay ready for that day by keeping your credit score high so you can qualify for the best mortgage rates.

These tips can help you be prepared to purchase a new home in Lake Park, Landon’s newest community in Rowlett TX. Lake Park is next to Lake Ray Hubbard with lakeside lots and fantastic views. One and two story homes are on 45’ and 55’ lots, all with rear entry garages.

We’re currently pre-selling in Phase I of Lake Park. These homes are 1,922-3,108 square feet with 3-5 bedrooms, 2-4 baths and 2 or 3 car garages.

Call Team Lake Park today at 214-619-3157 to schedule your personal tour of the Lake Park community of new homes in Rowlett TX.

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