Annual Credit Report

Dated: 04/08/2019

Views: 207

Annual Credit Report


3.  You need to check your credit reports and correcting errors. Also, know your FICO score.

 As soon as you think about buying a home please, please, request a free credit report and comb through for errors and omissions. If there are errors and omissions I strongly urge you to have them corrected. You can get a free report from each of the three major credit bureaus namely: Experian, TransUnion, and Equifax. The web address is AnnualCreditReport.com. Be aware that a mortgage lender goes through your credit report to see how well you manage your finances. A report without omissions or errors could be the differences between a low and high-interest rate. Do aim for a high FICO eg. 640 or higher but you can also get a decent interest rate with a score of 580.  FICO score is a  measure of consumer credit risk. Lenders use it as a tool to determine your worthiness for a loan. Please bear in mind that usually, the higher the FICO  score is the lower the interest rate.

Image title


Want to Advertise on this Site?

Latest Blog Posts

Annual Credit Report

Annual Credit Report3.  You need to check your credit reports and correcting errors. Also, know your FICO score. As soon as you think about buying a home please, please, request a free

Read More

Living Expenses What Are They And How Do I Budget For Them

Among all the awesome things that come with adulthood, so too come the regular expenses: rent, car insurance, and groceries to name a few. Whether you’re providing for yourself or a family, it’s

Read More

You Must Know How Much House You Can Afford

You must know how much house you can afford.It is imperative that you how much house you can afford. This can save you and your realtor a lot of time. Without knowing you could be looking

Read More

WHAT EVERY FIRST TIME HOME BUYERS SHOULD KNOW

FIRST TIME HOME BUYERS Do not be a  first-time buyer that makes regrettable mistakes that turns into mishaps. Be educated as to what to expect, how much money you will need, how much

Read More