That's right metro Atlanta Buyers! There is a website that gives you your credit report for FREE and it includes your credit score.
The website is Credit Karma, and it provides users with their credit report and credit score for FREE! The website appears to be sponsored by Transunion and offers scores from Equifax and Experian for a fee.
There are lots of widgets for metro Atlanta Buyers to plan how to improve their credit score. The widgets look at factors like paying down your credit card balances, closing a credit account, making minimum monthly payments, opening a new credit card account and other significant factors. There are also widgets that tell a user what happens if a foreclosure or lien hits their credit report - YIKES!!!
This report is a really great way for metro Atlanta Buyers to start the process of planning for a home purchase. And it looks good to a lender when the metro Atlanta Buyer has proactively pulled their credit and has a plan to improve their score as needed to qualify for a mortgage.
Generally speaking lenders look for a minimum credit score of 620 to 640 or better. Most of the programs in Georgia that provide assistance with down payment and closing costs to metro Atlanta Buyers require a minimum 620 or better credit score.
So metro Atlanta Buyers invest some of your valuable time to know where you stand with your credit. You will be so relieved in the future. It may take a few months or a few years to get your score in the acceptable range for loan approval, but the wait will be worth the effort.
For more information about buying or selling your home in metro Atlanta, please call J W Group at 404 418 8092 or 404 246 3210. One of our experienced Real Estate Consultants will be happy to assist you and recommend a mortgage loan officer to you.
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