How Your Credit Score Affects Your Mortgage Rate

September 14, 2012

in Home Buying Guide, Mortgage Interest Rates | Tagged , , , , , , , , , , ,

Credit checks are a necessary part of applying for any loan, but they are especially important during two stages of the loan process: on the day you apply for a mortgage and shortly before closing on the loan. The first credit check is to ensure that you pay your bills on time and have sufficient [...]