Buying a home is a major financial decision, and it can be even more challenging if you have less than perfect credit. However, there are a number of things you can do to improve your chances of getting approved for a mortgage and buying the home you want.
One of the most important things to do is to understand your credit score and what factors are affecting it. You can get a free copy of your credit report from each of the three major credit bureaus once per year at annualcreditreport.com. Once you have your credit report, you can review it for any errors and dispute any inaccurate information. You should also try to pay down any outstanding debts and keep your credit utilization ratio low.
