Before you even think about applying for a mortgage, the first thing you need to do is get to know your credit score, and hopefully, bump it up.
According to the Home Loan Learning Center, many lenders require a minimum score of 680 (or 620 for an FHA loan) and can deny anyone who falls below that. Though you probably can find a loan even with a 600 or 610 credit score, your interest rates will be likely be higher than you’d like.
So, it’s important that you check your credit report right away. It’s easy (and free) to get a copy of your report at annualcreditreport.com. Check if there are any errors or fraudulent activity and get those fixed right away.
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