For many of us, buying a home is the single biggest purchase we'll ever make. It also happens to be one of those crucial moments where it's essential to know all you can about your credit. As the housing market continues to turn around in many areas, is this the year you'll start to consider a place to call your own for the long term?
Learn how others are entering the home buying process, and how their credit knowledge shapes their home buying journey.
Key findings from the recent survey include:
- 95 percent of recent and future home buyers understand the power that their credit scores hold in the home purchase process
- More than half of those sampled (55 percent) are currently working to get their credit into better shape before applying for a home loan, to maximize their lending rate potential
- Across the board, those who know their credit scores are more confident through the home buying process
If you're starting to feel the first pangs of house envy, or know that it's just time to make a change, your best first step might be to get an early handle on your credit picture. See where things are now and chart the course to your next chapter.