Your credit history will matter in your application for a mortgage. It pays to check it regularly - use annualcreditreport.com - and address errors and issues. Basic factual errors can usually be remedied by writing to the credit bureau; explain the mistake and provide clear evidence that it is an error. If an issue isnt an error, and an explanation would help, you may request to have your own remarks attached. For example, if you missed a payment because of an accident, add that to the record. In the long run — and in the mortgage — the better your credit history, the better your mortgage terms are likely to be.

Like the video states, there are no simple methods with which to enhance your credit history. However, you can work to keep it appropriate by keeping an excellent credit report. Pay your expenses on time. Pay for cards and keep month-to-month financial obligations sustainable. Limitation your general financial obligations, and examine your credit report yearly for precision and remedy any mistakes.

Your credit history will have a direct effect on your mortgage loan. Its in your interest to check your history, and address any issues, as early as possible. Federal law entitles everyone to a free annual credit report. You can request your free credit report at this site: annualcreditreport.com You can also request it directly from the 3 credit bureaus: Trans Union – www.transunion.com 1-800-916-8800 Experian – www.experian.com 1-888-397-3742 Equifax – www.equifax.com 1-800-685-1111 Look for other videos on credit history and credit score here to learn more.