Everyone should check their credit at least once a year. This can be done online for free at annualcreditreport.com. There are 3 choices of credit bureaus and I am told that Equifax is the major one for our area. If you want to know your credit score that does cost a mimimal amount but pulling your credit and printing it is free. The best credit score is 850 and the lowest is 300.
Today a buyer needs a mimimum credit score of 620 in qualifying for a mortgage loan..this is an increase from 580 of a few years ago. If you are interested in learning how to improve your credit score to be able to buy a home...give Chris Holt at FM Lending a call @ 919-416-2225. He can review your report and give you guidance to get you in a position to be able to purchase that home you have always wanted.
Call or email me for your real estate questions or home improvement questions!
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