10 Tips to increase your mortgage FICO score!
While it can take months to overcome some derogatory credit events like missed payments, and years to build excellent credit, you can raise your score quickly with these 10 credit insights.
1. Get your free credit score
2. Dispute any errors
3. Make on-time payments
4. Pay down debt
5. Become an authorized user
6. Consider a rapid rescore
7. Never carry a credit card balance
8. Improve your debt-to-income ratio
9. Avoid closing open bank and credit accounts
10. Don’t open new credit cards or loans
Being proactive early on in your home buying process may result in getting both the mortgage loan and home you want at a price you can afford.
