Ways to Improve Your Credit
A big factor in determining if you´ll qualify for a loan and what loan terms you´ll be able to qualify for is your credit scores along with your overall income and debt.
1. Check for and correct errors in your credit report.
2. Pay down credit card bills.
3. Don´t charge your credit cards to the maximum limit.
5. Don´t purchase big-ticket items for your new home on credit
cards until after the closing is approved.
6. Don´t open new credit card accounts before applying for a
mortgage. 7. Shop for mortgage rates all at once.
8. Avoid finance companies.
This information is copyrighted by the Fannie Mae Foundation
and is used with permission of the Fannie Mae Foundation.
To obtain a complete copy of the publication, "Knowing
and Understanding Your Credit,"
visit http://www.homebuyingguide.org
Remember, if you have any questions about the process -
contact me today!
|
Sallyanne Holmes - GRI
A Licensed REALTOR ® in the State of Colorado |
Merit Co Inc
6120 Tutt Blvd
Colorado Springs, CO 80923 |
Cell: (719) 660-0622
Business: (719) 596-7800
Fax: (719) 596-1784 |
Email: Sallyanne@homesforsaleco.com | |
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