When you’re looking to finance your first home, one item that first-time homebuyers seem to overlook is avoiding new lines of credit. For instance, opening a new cell phone line, television service, or even setting up a utility account will all affect your credit score and your inquiries.
Before you buy a house, your focus should be on maintaining and improving your credit score while saving as much as possible for a down payment and closing costs instead of building new avenues of credit.
Buying your first home is no easy feat. When you finance your home with Park City Credit Union, we’re with you every step of the way. Pre-approval has never been easier, and you’ll be well on your way to opening the door to your new home. Start today!
Click the link above to continue or CANCEL