Buying a house can be an overwhelming and intimidating process. If you’ve decided that homeownership makes sense for you financially and you’ve decided to take out a mortgage, it’s important that you understand exactly how much you will be paying towards mortgage debt elimination each month. For many, the first step toward securing a mortgage is improving your credit score or history. Your credit score and credit card debts will have a significant impact on your ability to obtain a loan. Download ACCC’s free Understanding Credit Reports worksheet to learn more about what your credit score is, how it is calculated, and how to request a copy of your credit report. For tips on improving your credit score to apply for a mortgage, check out this blog post.
For more information and help with the home buying process, take our free home buying web seminar comprised of a series of nine lessons focused on the essentials of owning a home of your own. Each lesson is designed to discuss the individual elements of the home buying process. Start the web seminar here.
