Credit Tips
If you're thinking about buying a home, you should also be thinking about your credit. The first step in the home buying process is understanding your credit.When you apply for a mortgage, lenders will review your credit report. Your credit report is a history of how you've managed your finances: it's a record of money you've borrowed, your history of paying it back, and how much open credit is available to you.
Your credit report follows you wherever you go and will have a big influence on whether or not you can get a mortgage, the terms of that loan, and the interest rate. If you have good credit, you may have a much wider range of mortgage options with lower rates.
Be aware of how important your credit history is to the process. Establish good credit and protect your credit.
Look at your credit report and credit scores.
Make sure you correct any mistakes on your credit report right away.
Find a reputable credit counselor to assist you with any credit issues.