Planning your purchase

I am finding I am spending more time getting people ready to buy. Since the economic times have been hard, there are more folks with credit problems and job changes than ever before. Tips…. 1) Keep your credit strong. Lenders are looking for 3 sources of credit with 12 months history. A lot of people run into a snag and quit using credit altogether. While I find that very commendable, you are living within your means, it works against you when you need to get a mortgage. The mortgage investor wants to see you using credit responsibly to approve you for such a large debt. I’m just the messenger. Use your credit. DO NOT max out your credit cards. That is a big score killer. Also a $20 payment to J C Penney if late, is bad. A little bill is not little to the credit score. Call me for more tips or keep watching. Rule number one. Guard your credit score.