preparing for a home mortgage: How to Build Credit For the House You Want
- 10/12/11 07:09 AM
As real estate agents, we get a lot of questions about financing a home. With the credit crunch that we're seeing right now with home loans, I wanted to write just briefly about how buyers can build credit before they buy. If you know that you'll be buying a home in the near future, you may as well take advantage of the time you have to work on building credit. Two things are very important when building credit. First, you need to have a high limit and a low balance. The more you have of this combination, the better your score. … (1 comments)
As real estate agents, we get a lot of questions about financing a home. With the credit crunch that we're seeing right now with home loans, I wanted to write just briefly about how buyers can build credit before they buy. If you know that you'll be buying a home in the near future, you may as well take advantage of the time you have to work on building credit.
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