Taking the time to earn a good credit score could save you tens of thousands of dollars in interest over the life of a 30-year mortgage
Your credit can affect the mortgage rates lenders are willing to give you when you buy a home, so good credit can save you a lot of money over time. If you're wondering how to prepare your credit for a mortgage, you should start now. You'll want to check your credit reports and scores, pay down any credit card balances, and consider asking a trusted family member to be added as an authorized user to a card with a strong credit history.
Your credit can affect the mortgage rates lenders are willing to give you when you buy a home, so good credit can save you a lot of money over time. If you're wondering how to prepare your credit for a mortgage, you should start now. You'll want to check your credit reports and scores, pay down any credit card balances, and consider asking a trusted family member to be added as an authorized user to a card with a strong credit history.
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