06/12/2026
To celebrate National Homeownership Month, let's discuss the next step to owning your first home:
Checking your credit score.
"In addition to having a down payment, a first-time homebuyer will need a decent credit score. This three-digit number is a numerical summary of your credit report, a detailed document outlining how well you've paid off past debts, such as credit cards and college student loans.
A lender will check your score and report to estimate the odds that you will deliver your monthly payment, too.
In turn, the lender will use this info to decide whether or not to loan you money, as well as how much and at what interest rate. If a lender sees some late payments on your credit cards or other blemishes in your credit report, this can lower your odds of getting a loan with a great interest rate, or perhaps even jeopardize your chances of getting any loan at all.
So, it's essential to know your credit score and take steps to bring it up to s***f with those overextended credit cards and high-interest debts."
Read more here:
https://www.realtor.com/advice/buy/10-step-guide-for-first-time-homebuyers/
Have questions about how you to check your credit score and what number is best for buying a home? Give me a call! 📞918-557-4203