Are you wondering why a credit score is important in the purchase of a home?
While you may not currently be in the market for a house, your credit is still important. Did you know that lenders use your credit score to access your ability to repay a loan? The lower a credit score is the higher the risk, the higher the credit score the lower the risk. With a higher credit score comes a great interest rate, potentially more lenders, and even more money. The ultimate goal is you want to do everything you can to get your credit score as high as possible to get you moved into the house of your dreams.