If you’re setting the goal of purchasing a home in the coming year, it might be time to start getting your financials in order ahead of time.
One of the most important and often overlooked steps is to make sure you have a solid credit score. A credit score is a number that
represents how you’ve managed debt in the past. Every time you apply for credit it impacts your credit score, however, when you do things
right – like pay your bills on time – it helps lift your rating.
Lenders will automatically decline borrowers who don’t meet their criteria for what they consider to be an acceptable credit score. This is why it’s important to get that side of your money management in order, well before applying for a home loan or even seeking a pre-approval. Here’s some things you can do.