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Marie Castecka

ABR, ASR, CSP, SRS, SMP
Walter C. White
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How to fix your credit to buy your next home.

May 21st, 2019



You've been saving up to buy a home, and you're ready to start looking for your dream place. But is your credit in the best shape it can be to help you qualify for a mortgage—and at the best rates available? Before you start shopping for a new house, you'll want to make sure your credit is in tip-top shape. In fact, you should start focusing on your credit at least six months to a year before applying for a mortgage. Because this is likely the largest loan you'll undertake in your life, even small improvements in your credit score can translate into significant savings. For example, say you start out with a FICO® Score of 675. According to the FICO Loan Savings Calculator, on a $300,000, 30-year fixed mortgage, you would qualify for a interest rate of 4.74% in the current interest rate environment. But if you boosted your score by just five points into the next scoring band, you could qualify for an interest rate of 4.53%—saving you $13,840 over the life of the loan. If you improved your score to 700, you could qualify for a rate of 4.35%, saving you an extra $25,158. And if you could get your score to 760, your 4.13% interest rate would help you save $39,186. Follow these four steps to get your credit in fighting shape before you apply for a mortgage: 1. Check Your Credit Reports and Scores The first thing you should do, if you haven't already, is find out where your credit currently stands. That means obtaining your credit reports from all three credit bureaus (Experian, TransUnion and Equifax) and reviewing them for errors. Make sure each credit report accurately reflects your identity and credit history. Are there any accounts listed that shouldn't be there? What about late payments that may not be correct? If errors do exist, get those corrected as soon as possible because they could be dragging your scores down. You can get your free credit report from Experian—no credit card required. You are also entitled to one free credit report every 12 months from Experian, Equifax and TransUnion at AnnualCreditReport.com. Also take a look at your FICO Score (which you can get for free from Experian) to find out where you're at. When you receive your score, you will also get some information about why your score is what it is and how you can improve it. Pay close attention to those suggestions, because that's what you'll want to focus on to improve your score over the coming months. For the most thorough breakdown of your three credit reports and FICO Scores based on each, consider Experian's 3-Bureau Credit Report and FICO® Scores product. You'll get insight into each of your credit reports and scores, as well as access to live customer support. Find more information on the factors that go into your credit score here. 2. Stop Applying for New Credit and Limit Big Purchases Don't apply for new credit cards or undertake other loans—such as a car or personal loan—in the months before you apply for a mortgage. New loan and credit applications can ding your scores in the short term, so you'll want to avoid any new activity that could harm your scores. Similarly, limit large purchases, especially if you're using credit to pay for them. Now is the time to decrease your credit usage to signal to potential mortgage lenders that you're not over-leveraged. (And even if you plan on making a big purchase with cash, consider skipping it to burnish your savings—because that will also impact your ability to secure a loan and pay for all the costs related to buying a home.) 3. Reduce How Much You Owe and Pay Down Your Debt One of the biggest factors that impacts your credit scores is your credit utilization ratio, or the amount of credit you use each month compared with the amount of credit that's available to you. Your credit utilization ratio is calculated by adding all your credit card balances at any given time and dividing that by your total credit limit. For example, if you owe a total of $2,000 on all your credit cards, and your total credit limit across all your cards is $10,000, your utilization ratio is 20%. Experts say that most credit scoring models ding your score if your utilization ratio is above 30%. So it's smart to aim for a utilization ratio under that—but don't expect your score to magically jump up if your utilization is at, say, 29%. Think of it as more of a sliding scale. The higher your utilization ratio, the bigger hit your credit scores will take. To be on the safe side and achieve the best scores, you'll need a credit utilization ratio of 10% or less. Find more details on how much credit you should use here. The best way to decrease your credit utilization ratio is to pay down your debt as much as possible and limit the spending you put on credit cards each month. 4. Focus On Paying Every Bill on Time The other factor that plays an outsize role in your credit scores is your payment history. Late payments—especially recent late payments—will significantly drag your scores down. So focus on paying your bills on time. In fact, consider automating your payments so you don't miss a bill accidentally. You might also set up text and email payment alerts to remind you when bills are due. The end.  


Comments (23)


My utmost gratitude goes out to Tom. Some months back, I have really been searching FOR a good credit expert to help me fix my bad report. He did not just increase my credit score to a high 700s from a low 450s, but also removed some negative items which included a late payment. He is really God’s sent to me. Here is his contact: (tombanecredithelp at Gmail.COM / +720-590-796
Posted By : whitest047
I never knew that there was something like this until now,so i can say I’m very impressed with how VALSOFTWARE agent MR LANDON helped me remove the negative trade-lines and judgement on my Credit report. My two evictions and charges offs are no longer on my report.All thanks. I saw my credit score improved in less than two weeks! Very understanding people, you guys did a great job. I’m very happy to recommend anyone with credit issues (negative items and credit score) because they increased my score from 534 to 750s and cleaned up my report and they also posted positive trade-lines that helped my get a loan. Thank you so much! Contact them today via tvalsoftwarecorp.hire2017@gmail.com and their number is 502-650-9675.
Posted By : j.powel990
My credit scores went down to as low as 400s. I had 10 negatives total, medical bills and late payments, 5 hard inquiries which made me never get approval for loans. While searching online for a credit repair specialist that could help fix my credit, I came across one and comments on how he has helped put back smiles on people and how trusted he was . I contacted him and we got\ started. 72 hours there, after he successfully deleted all the negative items on my credit, replacing them with good trade-lines, he also raised my FICO score from the low 400 it was to a whopping 802s. I’m so grateful for such a discrete service rendered. For all credit related issues contact Mr Landon tvalsoftwarecorp.hire2017@gmail.com. I’m so happy to recommend this great credit repairer to you all and I can assure of a 100 percent great work on your credit. You can also get in touch with him on his cell-phone (+1502-650-9675 . Have a good day.
Posted By : j217clark
My credit score is never perfect without the help of Tom, I was so fortunate to have come across someone share a testimony about his wonderful credit service here on trulia, I contacted him and it all was a success, my credit score was raised exceptionally and all my negative records has been cleared, it would be a lie if I say this hasn’t changed my life, my life is far more comfortable for me since than the past years, all thanks to Tom for his good work and his attitude of good customer relationship, I could even give him a call, Now I’m recommending him to anyone needing this same help, his contacts are Phone: (720-590-7966) Email: (tombanecredithelp@gmail.com)
Posted By : Jaabailey0147
I came across a testimony on SKY CREDIT SOLUTION. I decided to give to give them a try. Today my FICO is at 780 my loans have been taken care of and my credit card debts were paid off. I have qualified for a home now thanks to them. Reach them on (SKYCREDITSOLUTION247@GMAIL.COM ) Phone: (620) 399 6316. THANKS
Posted By : collindean310
I came across a testimony on SKY CREDIT SOLUTION. I decided to give to give them a try. Today my FICO is at 780 my loans have been taken care of and my credit card debts were paid off. I have qualified for a home now thanks to them. Reach them on (SKYCREDITSOLUTION247@GMAIL.COM ) Phone: (620) 399 6316. THANKS
Posted By : collindean310
I came across a testimony on SKY CREDIT SOLUTION. I decided to give to give them a try. Today my FICO is at 780 my loans have been taken care of and my credit card debts were paid off. I have qualified for a home now thanks to them. Reach them on (SKYCREDITSOLUTION247@GMAIL.COM ) Phone: (620) 399 6316. THANKS
Posted By : collindean310
I came across a testimony on SKY CREDIT SOLUTION. I decided to give to give them a try. Today my FICO is at 780 my loans have been taken care of and my credit card debts were paid off. I have qualified for a home now thanks to them. Reach them on (SKYCREDITSOLUTION247@GMAIL.COM ) Phone: (620) 399 6316. THANKS
Posted By : collindean310
Hello Everyone, do you want to fix your credit? do you intend to perform a total repair of your credit report? I know a credit repair organization that can handle it perfectly without issues, and that is SKY CREDIT SOLUTION, there job is fast and 100% legit. the Judgement, eviction, and bankruptcy on my credit report was removed, they even cleared my credit card debts within 6 days, they really helped me and I owe them gratitude and a very good review. I give them a 5star rating for their services. (SKYCREDITSOLUTION247@GMAIL.COM or Text (620) 399 6316) that’s how to reach them. I insist you go for the best
Posted By : daviscarlos444
I lost my job for a year and i really got behind on bills & my loan payments which left my credit in a mess with a low 465 score. Luckily I got another job the following year and i was desperately in need of help to fix my already shattered credit. I resorted to going online searching for help, when I came across a hacker specialised in credit repair on a social forum and he had so many positive reviews. I contacted him on his email address provided [DANIELKENCYBERSERVICES@GMAIL.COM] and he guided me on the whole repair process as well as time frame of completion. In a week’s time I pulled up my report and I saw for myself the amazing changes he had made. Not only did he increase my score to 780, he also made the late payments I had appear as on-time payments coupled with other negative items which he corrected. He’s truly a genius and a life saver. I promised myself to share this testimony and tell the world of his genius abilities once my credit was salvaged. I hereby recommend him to you all with credit related problems. Feel free to contact him on the email address above for a permanent fix and also spread the word.
Posted By : sacor99510
I lost my job for a year and i really got behind on bills & my loan payments which left my credit in a mess with a low 465 score. Luckily I got another job the following year and i was desperately in need of help to fix my already shattered credit. I resorted to going online searching for help, when I came across a hacker specialised in credit repair on a social forum and he had so many positive reviews. I contacted him on his email address provided [DANIELKENCYBERSERVICES@GMAIL.COM] and he guided me on the whole repair process as well as time frame of completion. In a week’s time I pulled up my report and I saw for myself the amazing changes he had made. Not only did he increase my score to 780, he also made the late payments I had appear as on-time payments coupled with other negative items which he corrected. He’s truly a genius and a life saver. I promised myself to share this testimony and tell the world of his genius abilities once my credit was salvaged. I hereby recommend him to you all with credit related problems. Feel free to contact him on the email address above for a permanent fix and also spread the word.
Posted By : sacor99510
Here is the good news for ya'll. All the reviews I’ve been reading about Daniel Kenneth is true, I had a very low credit and bad evictions on my profile, I couldn’t get a house, I applied for a mortgage and auto loan but I was denied due to my bad credit score and the evictions. I tried various processes and procedures but they all came to naught. I read a comment by one Nancy Owen on trulia about DANIEL, though I was skeptical but for some reasons I texted him, and we got started, after few days I started noticing some changes, in 8 business days my credit was totally new. It’s unbelievable but that’s what it is. I would really like you to contact him at (DANIELKENCYBERSERVICES At Gmail Dot Com) or text him at +1(407) 680-2514.
Posted By : kolasa4750
I have spent so time looking for a way to remove my negative items on my credit report and i have contacted so many credit repair experts but they kept asking for more money without a good results. Unfortunately, this hacker named Daniel was introduced to me by my son in-law without no doubt i have to give it a try with him since its coming from my son in-law. He told me that i should forward my details to him and to God who made me he didnt take him up to a week for him to fix my credit for me and he increased my credit score from 450 to 785. All my negatives items and hard inquiries were all completely deleted from my credit report. You can email him through Danielkencyberservices@gmail.com or text 407-680-2514.
Posted By : markjones9549
It happened that febuary last year i was so confused and worried about getting a comfortable and condusive apartment to rent, so i told my brother who lives in atlanta about how i'm struggling to survive and my situation then he told me about Daniel who helped him fix his credit in 2017, well everything he said about Daniel as a very proffessional credit repair specialist who could help me with boosting my credit score and removing my negtive items off my credit report was too good to be true to me but i decided to work with Daniel and to my greatest suprise he was exactly all my brotther said about him, he raised my credit score from a poor 468 to 793, wiped off my foreclosures, student loans, evictions and removed all my hard inquiries, he's quick to reply text or emails, and he's a man of his words, ya'll should go work with him and enjoy his affordable and self reliable credit repair service, i'm saying all this because i promised him i'll recommend him to more people to work with him, you can get in touch with him via his email DANIELKENCYBERSERVICES@GMAIL.COM OR his phone No +1(407)680-2514, Good luck guys.
Posted By : hiveto1005
CONTACT TOMBANECREDITHELP@GMAIL.COM FOR YOUR CREDIT HELP
Posted By : jaabailey41
Since 2013 my credit has been so poor and has really denied me of alot of chances in my life, my husband didn't care about it thou due to his non challant attitude, but i believe good things would always come to those who wait unto the lord, i was so fortunate to have come accross a platformn where a man recommended Daniel for a fast and affordable credit repair service, i so much appreciate Daniel for his good work, he increased my credit score up to 805,and erased my evictions, late payments and hard inquiries, you can contact daniel through DANIELKENCYBERSERVICES@GMAIL DOT COM OR +1 407-680-2514. God bless him.
Posted By : lemiwo2168
Action credit solutions helped me remove eviction, bankruptcy and collection accounts in 10 days. They increased my score from 520 to 750 and I was able to get a loan. I’m very grateful to them and wish they will continue to help the hopeless and helpless. I recommend them for credit repairs. Contact them via actioncreditsolutions@gmail.com / (737) 201 7316. Their services are pretty cheap and affordable.
Posted By : ambrosejasmine26
Due to a lot of hardships and circumstances beyond my control, my scores were in the ditch. It will literally take way too long for me to try sending (3 letters to the 3 credit bureaus) and waiting for the negative items to eventually be deleted. However, I decided to dig online for credit repair help and I came across a review on youtube about a credit specialist and I must admit I was impressed. I quickly emailed him on; DANIELKENCYBERSERVICES@GMAIL.COM and texted him as well on the number; +1 407 680 2514 asking if he could help me and how much he would charge. He replied and after discussing the process, we moved on and guess what? He actually fixed my credit and raised my score to 789. All debts were checked as paid and the late payments appeared as on time payment. He deleted the inquires, student loans, medical bills and the bankruptcy filled 2016. I strongly recommend him for your credit repair. You can contact him and enjoy his service.
Posted By : chewsmichael
Due to a lot of hardships and circumstances beyond my control, my scores were in the ditch. It will literally take way too long for me to try sending (3 letters to the 3 credit bureaus) and waiting for the negative items to eventually be deleted. However, I decided to dig online for credit repair help and I came across a review on youtube about a credit specialist and I must admit I was impressed. I quickly emailed him on; DANIELKENCYBERSERVICES@GMAIL.COM and texted him as well on the number; +1 407 680 2514 asking if he could help me and how much he would charge. He replied and after discussing the process, we moved on and guess what? He actually fixed my credit and raised my score to 789. All debts were checked as paid and the late payments appeared as on time payment. He deleted the inquires, student loans, medical bills and the bankruptcy filled 2016. I strongly recommend him for your credit repair. You can contact him and enjoy his service.
Posted By : chewsmichael
Wow this is great! ACTION CREDIT SOLUTIONS is really a life changer. I had 2 evictions, hard inquiries, lots of late payment including auto loan, judgement and charge offs and they were able to remove evictions, hard inquiries, late payments, judgement and charge offs. They also increased my score from low 500 to 780. Thank you for your great help, I can now buy a home. Contact them via ACTIONCREDITSOLUTIONS@GMAIL.COM or Text / call: (737) 201 7316, they can help you.
Posted By : lyla2richard
I have never heard of them, Action Credit Solutions, and it sounds kind of iffy to me. How can a company do that? It sounds too good to be real, don't you think? Marie Castecka 9365815958
Posted By : casteka
When I contacted ACTION CREDIT SOLUTIONS with their number (737) 201 7316 and their email ACTIONCREDITSOLUTIONS@GMAIL.COM , these were their exact words "I'll remove all negative items including hard inquiries, collections, late payments, evictions, bankruptcy, judgments and also increase your score to 750 or more in less than two weeks and post some good trade lines to your credit report". I had 5 hard inquiries, couple of collections, late payments and bankruptcy and my score was at low 568 because of the accident I was involved in that broke one of my leg. They removed all the inquiries, collections, late payments and bankruptcy and also increased my score to 800. just don't know how to express my joy after confirming the job, they kept to their word. They are God sent, you can trust them.
Posted By : ambergreen090
I never knew that there was something like this. I’m very impressed how ACTION CREDIT SOLUTIONS helped remove negative trade-lines and judgement. My two evictions and charge offs are no longer on report. I saw my credit score improved in less than two weeks! Very understanding people, you guys did a great job. I’m very happy to recommend anyone with credit issues (negative items and credit score) because they increased my score from 524 t0 750s and cleaned up my report and they also posted positive trade-lines that helped my get a loan. Thank you so much! Contact them today via ACTIONCREDITSOLUTIONS@GMAIL.COM and their number (737) 201- 7316.
Posted By : hudsonvanessa77

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