From time to time we like to feature valuable information from guest writers on the HOPE4USA Credit Blog. Here's some great information from mortgage loan officer Jim Garrison which helps to shed some light on the reason WHY credit scores matter so much to lenders.

For more information about how credit scores are calculated, please check out Where Do Credit Scores Come From?

About the Author: Jim Garrison has been actively involved in the real estate industry since 1984, earning a position in the 100% club for RE/MAX 5 years in a row.  Jim attained the GRI and CSP designations while he was a Realtor®.  Jim has been a mortgage originator since moving to North Carolina in 1993.

Jim wrote his first CE class on solving qualifying problems in 1995.  Jim’s CE courses on wealth building, credit scoring, government loans and mortgage qualifying have been enjoyed by over 3,600 North Carolina real estate licensees.  Jim also wrote and teaches GRI 101.

 Jim has a long history of successfully selling new and resale homes and originating the mortgages for them, so he has a unique perspective of what it takes for home buyers, Realtors®, builders and financial planners to succeed.

 For further information contact Jim Garrison with Homestead Funding Corp. at 704-488-5020 or email him at  You may also view Jim’s LinkedIn profile at