Increase Your Chances of Getting a Mortgage With Your Credit Score

Most people don't realize how much your credit history plays a part in their mortgage Ensuring you follow the two-two-two rule: two trade lines, now a trade line is a credit card, a loan, or a line of credit and we want to see those reporting for at least two years with a minimum limit of $2,000 to maximize your score and make sure that you keep balances at or below 50% of the limit and pay at least the minimum payment due on or before the due date

Habitually late payments can affect your score and the lenders perception of you It looks a lot better to the lender when you've saved at least a portion of the down payment and when you have a positive net worth