11/22/2021 0 Comments Credit ReportsIf you apply for a loan to buy a house, the lender is going to decide whether you are a good or poor credit risk based on your credit report. If the report says that you have a lot of debt, or you don't pay your bills on time, the lender may adjust your interest rate accordingly – or deny you the loan altogether. Thus, a good credit report can be as helpful to the home-buying process as an InterNACHI inspection, so it’s best if you understand how these reports work.
by Nick Gromicko, CMI®
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