What To Know About Credit Scores Before Buying a Home
If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate.
![The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20240302/16/w600_original_a0f9d0d7-2eda-4bd1-bbfd-3ab3de1a0a9d-png.webp)
The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC]
Some HighlightsIf you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow.As more buyers re-enter the market, it’ll help you make a strong offer that stands out
Why We Aren't Headed for a Housing Crash
If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up.Today’s market is very different than it was before the
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