Your credit report influences whether or not you'll qualify for a mortgage and what kind of interest you'll pay on that loan. This isn't something you can safely ignore. Smart homebuyers understand the importance of monitoring credit scores and credit reports. Here is some information about how to get your credit report.
You have found a home and are ready to apply for financing. Your pre-approval amount comes back not as high as you would have expected and at an interest rate significantly above what your friends just got on their loan. This could be because you have an average to poor credit score.
Improving your credit score before searching around for a mortgage will ensure that you get the best rate possible. But what can you do to improve your credit score? Here are three tips that can help you improve your credit score and your mortgage.