There’s lots of great advice in the video below. Your credit matters, and not just when you’re buying a home. Your credit score can also affect Insurance rates, job opportunities, and major purchases like a car or furniture.
If you are thinking of buying a home there are a couple other points relating to your credit that I urge you to keep in mind.
- For at least 2-3 months before you apply for a mortgage, don’t move your money from account to account.
- Don’t switch jobs shortly before or during the mortgage process if you can help it, and Don’t, DON’T quit your job.
- And one other thing to be aware of during the mortgage process, any major purchase such as a car or furniture, can make your debt to income ratios unacceptable AND could delay your closing.
Just a few tips for a time when it’s very important to be aware of your credit. There are a few more tips for Home Buyers and Home Sellers below.
Additional Resources for Home Buyers
- A Heads Up for Home Buyers
- Being Prepared
- For First-Time Buyers
- How Can I Help You?
- Do You Need a Buyer Agent
- Getting Pre-Approved
- Understanding Your Credit Score
- How Much Should I Offer?
- Offers and Purchase Agreements
- Who Pays for What?
More resources for Home Sellers
- Not Your Daddy’s Home Selling Tips
- Order a Market Analysis Online
- What Can I Do for You?
- Where to Start?
- Seller Disclosure 101
- Showing Checklist
- The Sale Process
- Who Pays for What?
- My Guarantee as Your Agent
