The NMWelcomeHome Team Blog

This could mean that you could have an error on your credit report that could affect your credit score.  This may cause you to NOT get a favorable interest rate on a mortgage loan, car loan or insurance. This could also affect job opportunities. 

It is important to check your credit report for errors at least once a year and more importantly before you start shopping for a home and applying for a loan/credit.  I would suggest you check your credit report 3 months prior to applying for credit as this would give you time to correct any inaccuracies. Disputes take time so its best to have as much time as possible to correct. You do not want the stress of trying to fix these items when in the process of buying a home.

Once a year you can order a FREE credit report from all 3 major credit bureaus at www.annualcreditreport.com.  So when you are ready to buy a home in Albuquerque and Rio Rancho call us to get pre-qualified before you start house hunting.