If you are thinking about buying a house, your credit score is the most important number than any other.
Your credit score is more important than the price of the house.
Since your are borrowing the money to buy the house, your credit score are the three digits that tells your mortgage lender how likely you are to pay back your mortgage loan on time every time.
The lower your credit score the less likely you are to get a mortgage with the lowest possible interest rate.
When buying a home it is not the price of the house that kills you, it's the interest rate and the terms of the mortgage that does it.
Improving your credit score will help you get the best possible interest rate possible
Get some free tips to improv your credit score by visiting http://www.credit-repair-etc.com/index_toc.php/10
Posted by Woody on 3/27/07 9:41 AM
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