{"id":296,"date":"2018-06-28T07:37:20","date_gmt":"2018-06-27T23:37:20","guid":{"rendered":"http:\/\/13.250.106.137\/blog\/2018\/06\/28\/how-prepare-your-credit-when-you-are-buying-home\/"},"modified":"2018-06-28T07:37:20","modified_gmt":"2018-06-27T23:37:20","slug":"how-prepare-your-credit-when-you-are-buying-home","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/how-prepare-your-credit-when-you-are-buying-home\/","title":{"rendered":"How To Prepare Your Credit When You Are Buying A Home"},"content":{"rendered":"\n

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After a lot of searching and comparing, you have finally found your perfect dream home. Once you found the home of your dreams and have decided to move in you will need to take one more major step, getting your credit ready for mortgage approval. Your credit report plays a key role in not only getting a mortgage but getting one with a reasonable interest rate.<\/p>\n

However, you cannot get it ready overnight; early preparation is a must. Here we will tell you 5 things you need to do to get your credit ready for a mortgage approval.\"\"<\/p>\n

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1. Review Your Credit Report<\/h2>\n

Ideally, once you have decided on a house, you should get and review your credit report several months in advance. If you generally pay your bills and debts on a regular basis then you can check your report two or three months in advance.<\/p>\n<\/div>\n<\/div>\n

If you want to know more about getting your credit report in Malaysia, check out this
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2. Clear Any Errors<\/h2>\n

After you have obtained your credit report if you notice any errors or inaccuracies – like an item that is marked as unpaid but you have already paid for it – then you will need to dispute the error with the credit agency and get it corrected as soon as possible.\"\"<\/p>\n<\/div>\n<\/div>\n

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3. Know what Lenders Are Looking For<\/h2>\n

When you apply for a mortgage, one of the first things lenders do is look at your credit report to get a better idea of your credit score and your spending habits. When they do this, there are certain points that they look at closely. These are:<\/p>\n