Free Credit Report Once a Year
First time home buyers should keep several things in mind before going out to look at homes. Of course it is important to check the local financial institutions to see if there are any special mortgages in the area for first time home buyers. After you are armed with that information you should take a good long look at your credit score. Before you actually go out and apply for your home financing loan you should know what shape your credit is in. Since you are entitled to a free credit report once a year there should be no problem in seeing exactly what, if anything, is affecting your credit.
Since things have a way of getting out of control when we aren’t looking, it is important to keep up with your credit report. Some people wait altogether too long to see what is on theirs and there is no need to do this since they can get their free credit report once a year.