There’s no denying that 2015 is the year for you to buy a Houston Texas Home thanks to historically low mortgage interest rates and great home prices.
Before you start searching for homes make sure you follow these tips to improve your credit since buyers who have a credit score of 700 or higher are able to qualify for low mortgage interest rates and buy the homes of their dreams.
Step 1 – Pay Your Credit Accounts To 30% Of Their Limit
Although you may have one or more credit card that’s close to it’s limit right now, you should pay those credit cards to 30% of their limit because, this will show the credit bureaus that you are managing your credit responsibly and this will lower your debt-to-income ratio as well.
Never close credit accounts because you can actually hurt your credit score by closing credit accounts rather than leaving those accounts open.
Step 2 – Pull Your 3-In-1 Credit Report
In order to get a clear picture of what all of the credit bureaus are reporting about you it’s important for you to get your 3-in-1 credit report because, this will show you what your credit reports are from Transunion, Equifax and Experian.
Step 3 – Fix Errors On Your Credit Report
After you purchased your 3-in-1 credit report you should review your credit report for errors because, there could be one or more Credit Bureaus that are reporting inaccurate or false information about you on your credit reports.
Step 4 – Pay Your Bills On Time
Don’t hesitate to pay your bills on time every month including making payments in advance because, this will also positively help you to improve your credit score as well.
Buy A Houston Texas Home
To get started with buying a Houston Texas Home contact me, Kim Buish, Realtor ® with Red Door Realty & Associates by calling me at (713) 819-1642 or CLICK HERE.