How credit affects your home loan options
When you apply for a home loan mortgage, the lender will evaluate your credit history to see how you have managed credit in the past, and then use that information to determine how likely you are to keep up with payments in the future.
Why is Credit Important to Home Loan Seekers
Your ability get a home loan using your credit has a lot to do with your responsibly and repay creditors on time has a lot to do with how much access to credit you will have in the future. Building a solid credit history gives you more buying power when you need it, and that can be especially valuable when you are buying a home. You should always take up those offers for a free credit report when you can. They will help you gage where your credit is so you can make purchases.
Below are other issues considering your credit worthlyness.