Importance of Checking Your Credit Before Buying a Home
Posted by Carlos Martinez on
Why is it extremely important to check your credit before buying a home?
When you meet with an NMWelcomeHome Realtor, you will get the guidance to secure financing before thinking about the home you want. Your credit scores can help or hurt you when trying to secure the financing you need to buy the property. If you do not have a mortgage lender, NMWelcomeHome Real Estate Team will help you find the best ones that have had great success securing loans with previous clients. Mortgage lenders will look at debt-to-income ratios, employment history, credit scores, and down payment. You may have a perfect score, but a high debt-to-income ratio that will affect the loan amount you qualify for. Your credit score will also affect the type of loan you can…
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address is 1800 State Park Rd, Logan, NM 88426. It is a 8,200-acre reservoir on the Canadian River with boat ramps, camp sites, local stores and close by motels. One perfect motel is located two minutes away from the lake (Ute Lake Motor Inn). No need to pack extra or tow your camping trailer. Tow your boat or jet ski and sleep two minutes away from the Ute LakeMotor Inn/boat ramp. Fresh shower, TV, internet, air conditioning, comfortable beds, with kitchenette and bedroom options, and a friendly staff.
If you currently have a student loan as many do, you will not be affected. If you are interested in qualifying for a home loan before interest rates continue to rise, contact a NMWelcomeHome Team Specialist. We can find the home right for you and help you contact a mortgage company to get the loan and loan rate you deserve.Â
