Reported 4 days ago
In a discussion on the importance of credit for homebuyers, Rulon Washington from Wells Fargo recommends three key strategies: first, monitor your credit score and understand its influencing factors; second, ensure timely payments and avoid large purchases before applying for a mortgage, as payment history is crucial; and third, keep your oldest credit accounts open to boost your credit history length. These steps can significantly enhance one's credit profile in preparation for homeownership.
Source: YAHOO