7. Don’t Forget Your Credit Rating
Lenders don’t care if you’re tidy or compassionate or hard-working. The one thing they’ll be looking at is your ability to make repayments, which is more or less summarised by your credit report.
Before applying for home loans, check your credit report so to prepare yourself for the lender’s inquiries. It’s important to make sure that all information is accurate to keep your reputation good with the lenders.
Diligent repayments are music to any lender’s ear. On the other hand, consistently missed payments can be detrimental to your application. Knowing where you’re at with your credit rating allows you to prepare for what the lenders might bring your way, giving you more than enough opportunity to find ways to secure that home loan.