Your credit score is absolutely crucial when you are applying for a home mortgage loan because a low credit score will inevitably translate to paying higher interest rates. In fact, a low credit score may even prevent you from attaining a mortgage loan at all from certain lenders.
To learn your credit score, you should obtain reports from the three major credit agencies. Equifax, Experian and Transunion track your credit history based on reports they receive from your credit card, department store, auto loan, mortgage loan and other loan accounts. Check for any possible errors, and contact the credit agencies for corrections if you find any mistakes. You don