You’ve been renting for a while now and it feels like the timing is right to make the leap to homeownership. After all, your friends are all buying houses and your job feels pretty stable, how many more hints that it’s time to settle down could you really need?
Well, if you’ve given it considerable thought, are certain you can cover emergency costs like unexpected roof replacement or furnace repair and you have a realistic expectation of what you can afford, then full speed ahead. Buying a house is a trying experience, only made significantly worse by credit mistakes.
Top Credit Mistakes to Avoid When Buying a Home
Everybody makes mistakes, especially when it comes to their credit. The process by which your credit score is generated has long been veiled in shadows, making it doubly easy to misstep without even knowing it. However, there are certain mistakes that homebuyers make again and again, including these items that are obviously impactful to your credit score: