Maybe your credit history isn’t exactly stellar. Sure, you’d like to be a homeowner one day—maybe even one day soon. But that recent run of bad luck and/or bad decisions showing up on your credit report doesn’t put you or your credit management skills in the best light for potential mortgage lenders. Or maybe your credit score is fine. But it’s not great. And you know that … [Read more...] about How to Clean Up Your Credit When Preparing to Buy a Home
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Buying a Home Soon? Here’s How to Protect Your Credit Score
Your credit score may never be more important than it is when you’re applying for a mortgage. It’s not easy to raise your credit score dramatically in a short period of time. But it is easy to inadvertently lower your credit score quickly. In a best-case scenario, a sudden drop in your credit rating during your mortgage application could merely slow down the underwriting … [Read more...] about Buying a Home Soon? Here’s How to Protect Your Credit Score
How to Dispute Errors on Your Credit Report
Errors on credit reports are surprisingly common. A few years ago, the Federal Trade Commission completed a decade-long study which found that more than 20% of consumers had at least one error on a credit report significant enough to potentially hurt their credit score. If you’re looking to buy a home, get a loan, or apply for a credit card in the near-future, it’s … [Read more...] about How to Dispute Errors on Your Credit Report
4 Tips to Balance Your Mortgage With Student Loans
Balancing any household budget can be a juggling act. Adding a mortgage loan on top of everything else can make it seem almost impossible. In fact, Millennials have put off big investments like purchasing a home, often citing the large amount of student loan debt they carry. But putting your life on hold forever is not feasible. Especially if you don’t want to spend the rest of … [Read more...] about 4 Tips to Balance Your Mortgage With Student Loans
When Should a Homebuyer Get Pre-Approved for a Mortgage?
As a first-time homeowner, you may not know is exactly when in the home buying process you should tackle the mortgage question. Too many homebuyers wait to worry about home financing until they’re knee-deep in negotiations on their dream home. Discovering a credit or financing issue too late can derail your home-owning hopes and dreams. So before you too get caught up in … [Read more...] about When Should a Homebuyer Get Pre-Approved for a Mortgage?
