Collins: How can home buyers prepare themselves to get the best rates? - San Jose Spotlight
Briefly

"Lenders are looking for two years or more of paying on time without late payments. It's also critical to keep credit card balances low; ideally, you want a credit score of 700 or more, but lenders will still collaborate with you even if you have a score closer to 640."
"Debt is the biggest obstacle to achieving your desired credit score and financial goals. A soft pull of your credit score can help you increase it without a hard pull lowering your score temporarily. Preapproval is crucial before making any significant financial decisions."
"Becoming educated by a realtor and prequalified by a lender is critical to compete in this housing market. Interview at least three realtors and keep looking until you find the one that aligns with your values."
Read at San Jose Spotlight
[
|
]