Before you buy a home and get a mortgage, there are ways to ensure you get a better deal from a lender. The difference can save you many thousands of dollars throughout your mortgage. Taking time to raise your credit score beforehand can enable you to get the better terms you want.
The Savings Potential of a Good Credit Score
A good credit score can help you get a larger home loan, smaller payments, and lower interest rates. How much you save will be determined by several factors, but it is possible to save more than $100,000 on a 30-year fixed-rate mortgage just by having a better credit score….