Wednesday, July 18, 2007

Getting A Home Loan

So, you're interested in getting a home loan (mortgage) for
your dream home.
To accomplish this, there are a few steps you need follow to
ensure that you get a home loan more beneficial to you than
to the bank.

The first step is to order your credit report.

There are three major credit reporting agencies, Equifax,
TransUnion and Experian.
You can do this online (quick and easy), via mail or since
you are seeking a home loan, have your mortgage broker or banker
order one for you in advance.
Knowing what is contained in your credit report is very
important.
When evaluating your application for a mortgage, lenders use
your credit report to help them determine your ability to
pay off the mortgage you are View the rest of this article


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