If your credit score is accurate, but does not meet the minimum requirements, you will want to look at your current debt. Home ownership is an incredible investment, but it is also costly. Fortunately, there are a number of things you can do to improve your credit score as well as your future financial success, including:

– Paying your bills in full and on time. If you cannot afford the full amount, try paying at least the minimum required as shown on your monthly statement.

– Pay off your debts (such as loans, credit cards, lines of credit, etc.) as quickly as possible. Work on paying the ones with the smallest amount owing first and work your way towards the larger amounts.

– Stay within the limit on your credit cards and try to keep your balances as low as possible.

– Reduce the number of credit card or loan applications you submit.

Here is a great video that helps explain some of the main items of your credit score:  https://m.youtube.com/watch?fbclid=IwAR1ZMcbi_84El35sfpddDWS-QyV_MS232mu3DmkW0x_1qvHzsPJwUZBS8C8&v=IjTNlju7cm4&feature=youtu.be

Still Have Questions?  Check with a mortgage professional to get the information you are looking for.  Feel free to reach out to me at 403.875.2969.