Before you begin the search for a new home, you should take some time to look up your credit report. When lenders are making their decisions on how to finance buyers, they pull up the buyers' credit reports and scores to examine their current standing.
Another reason why it is important to view your credit report is because these reports are generated by people, which means there is the possibility for error. In such a circumstance where there is an error on your report, the sooner you can file the paperwork to correct it, the better. The process can be slow, which is why it is crucial that you do your research months before you try to get a loan from a bank. By ensuring that the lender gets accurate information from your report, you will be helping your loan process run smoothly.
Obtaining a copy of your report is very easy. There are three national credit bureaus which are:
| Equifax | 1-800-685-1111 | www.Equifax.com |
| Trans Union | 1-800-888-4213 | www.TransUnion.com |
| Experian | 1-888-397-3742 | www.Experian.com |
Questions? Contact us today!
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