“Know the Details of Your Credit Report and Score Before You Apply for a New Mortgage”
Applying for a home mortgage can be an unfamiliar and anxious process for many people. Do I make enough money to qualify for the home I want? Is my credit score good enough to qualify for a decent mortgage rate? Will that unpaid student loan or late credit card payment show up on my credit report and raise a red flag?
These are just a few of the question many folks ask when approaching the mortgage application process. Preparing to apply for a new home loan or mortgage refinance can be a stressful process, but it doesn’t have to be if you do a little research, and advanced planning.