A good credit score is essential. Get a copy of your credit report. You can request up to three free credit reports per year through Annual Credit Report. You’ll receive your credit score, with an overview of loans and credit history. Correct errors and note derogatory data. Remember, your credit report provides key information for FICO, a credit risk calculating bureau whose reports form the foundation of any lender’s decision regarding the amount you can borrow.
STRENGTHEN YOUR CREDIT.
With strong credit, it’s much easier to be approved for a mortgage. If you have credit card debt, pay it off. Stay below your credit limit: preferably below 30% of your credit limit for at least 12 months.