Pre-approval will also speed up the entire mortgage procedure once you've found the house you want.
Too many inactive credit cards with significant credit limits could keep you from obtaining a mortgage loan.
Be sure to read everything before you sign! Buying a new home is exciting, but it can also be overwhelming.
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Adverse credit information is not supposed to be reported or included on your credit report after seven years except bankruptcy information, which can be reported up to 10 years.
Credit bureaus are required to help you straighten things out in a reasonable time usually 30 days.