Real Estate Glossary

What is Credit Rating?

Credit rating is a measure of a person's creditworthiness, or their likelihood of repaying a debt. Credit ratings are assigned by credit rating agencies, which are companies that specialize in evaluating the creditworthiness of individuals, businesses, and governments. Credit ratings are typically based on a variety of factors, such as a person's credit history, income, and debt level. Credit ratings can range from "excellent" to "poor," and they are used by lenders and other financial institutions to determine the risk of lending money or extending credit to a borrower.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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