August 2018

Found 1 blog entry for August 2018.

Credit Boosting Strategies for Prospective Home Buyers

How To Boost Your Credit Score FAST When Buying a Home

Months or even years before buying a home, prospective buyers should take a look at their credit scores and their credit history. It's especially important for first time home buyers who may not have as much of a credit history as people who have owned homes in the past. When buying a home in Charlotte, most lenders are going to want to see a score of 620 though some lenders can make it work in the high 500s.

A home borrower's credit score and report make up a big portion of their ability to qualify for a mortgage, as well as the type and possible size of mortgage they get when they do. Having a great credit score can also help you earn a better interest rate with your mortgage lender.

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