Give Your Credit Score a Spring Clean

Too many would-be home buyers think that the credit score they have acquired throughout their life is what they have to work with when applying for a mortgage. Not so. There are many things which you can do to repair your credit score. AREA Title Agency, Inc. has some great ways to share, below.

Check, 1.2.3

The first thing that you will want to do is check that all of the information in your current credit score and history report is accurate. After all, it takes just one payment to show up incorrectly as being paid late to affect your credit score adversely. Take a good look through your reported credit history and make sure everything is as it should be.

Loose Ends

Once you are certain that all of the information is correct, it’s time to clean up loose ends. Look for instances where there is one payment which wasn’t made towards debt or obligation and clear it up. An unpaid electricity invoice when you moved out three years ago looks worse than you think to a mortgage lender.

Create Payment Plans

If there are debts which you simply can’t pay off in one payment, speak with the creditor and establish an arrangement. Not only will this show a potential mortgage lender that you are willing to take control of your debts, but the consistent repayments that you make will show your dedication.

If You’re Buying a House, You Need Title Insurance in Toledo, OH

With your credit history in repair, it’s time to start looking at new houses. When the time comes, make the smart choice and speak with AREA Title Agency, Inc. before you sign. Call today at (419) 242-5485 and ask about how title insurance in Toledo, OH can provide financial security for the title of any home you are considering purchasing.