Are you interested in purchasing a home? Many potential homebuyers have to be approved for a home mortgage loan in order to be seriously considered by sellers. An important aspect of being approved by a lender for a mortgage loan is an individual's credit score. What should potential buyers realize about their credit score and how it is related to buying a home?
Understand more about the relationship between one's credit score and credit history and what home mortgage loan applicants can do to improve their credit today.
Why Is a Credit Score Important to Lenders?
A credit score is one factor that helps lenders determine who may be considered a low-risk applicant. Low-risk applicants with relatively high credit scores can generally expect…