If you’re a first-time homebuyer or you’re just dipping your toes in the home-buying waters, having a good credit is crucial to ensuring you get approval for your mortgage as well as a low interest rate.
A credit score with fewer potential negative marks raises this number and improves your chances of obtaining a home loan.
The simple answer is there's no set minimum score necessary for buying a house.
By practicing some good financial habits, you can maintain a good credit score.
An error on your credit history, such as an incorrectly listed missed payment, can cause serious damage to your score and make it harder to qualify for a mortgage.
Roughly 43 million Americans carry student debt — $1.4 trillion nationwide — according to industry estimates, effectively locking out millions of potential homebuyers from the housing market.
As a first-time homebuyer, you must make certain preparations to ensure the home-buying process goes smoothly and favorably.
Your credit score serves as one of the main components for whether you can obtain a mortgage and how high or low your interest will be on that loan.
While it might seem like some magical number that you can’t control, your credit score is actually an easy-to-understand concept.
Whether you’re getting ready to sell, or you’re just looking to add a little extra pizazz to your home’s exterior, boosting your curb appeal can be faster and easier than you might expect, you just have to pick the right projects.