You may have heard that having a great credit score helps increase your chances of paying less for a house let me show I have created my D.R.E.A.M method to maximize your score:
D Don’t miss a payment, close your revolving accounts or open any new ones.
R Repay debt faster. For example, if you have four years to pay off your car, pay it off in 3.
E Examine your credit report and dispute any errors. To see your credit report on an annual basis go to www.annualcreditreport.com or download an app like credit karma.
A Always keep your balances low. The goal is to have a 30% debt-to-credit ratio, that means if you have a $10,000 limit on your credit card you want to keep your balance lower than $3000.
M Make sure you know your FICO score.
To get more tips, please download How To Improve Your Credit Score and Buy a Home in 2021
Making improvements to your home doesn’t have to be costly. Tackling common home improvement projects can easily transform those overlooked spaces with simple and budget-friendly updates. These little changes can have a big impact on the style and function of a room. I’ve put together a guide for you to help inspire some affordable mini makeovers.