First Step when Buying a Home: Credit

[Ralph DiBugnara]

When buying a home, credit is one of the most important indicators that will determine pre approval. It is one of the first steps when thinking of buying a home. Make sure to keep tabs on your credit history by checking all three credit bureaus. Another useful tip is taking advantage of credit monitoring tools your bank may offer. Keep track of liabilities that may get in the way of buying a home. For example, a large utilization rate which directly affects your credit score.