STOP! Before you start looking at homes for sale the most important 1st step for you to take is finding out what your credit score is. Your credit score will directly influence the terms of your loan approval.
If you find your credit score isn’t the best, it doesn’t mean you can’t qualify for a mortgage. It may just mean that you won’t qualify today, but with some guidance from a lender you’ll be able to work to qualify in the future. Don’t despair, that could be as little as a few months in some instances.
But, don’t start making large payments on your debt. First you need to speak to a lender who will guide you with a roadmap to improve your score. Follow their instructions carefully.
So what’s the first step? Did you know that you are entitled to receive a FREE credit report once every 12 month? It’s very simple.
Request Your Free Credit Report:
Online: Visit AnnualCreditReport.com. By Phone: Call 1-877-322-8228.
12/02/2022