How Your Credit Report Impacts Your Mortgage Application

Before you even meet with a mortgage lender, you should get copies of your credit reports and review them. One of the first things a mortgage lender will do when you ask for a mortgage loan is to order a copy of your credit report. As part of the credit report, lenders often get a credit score. A credit score is a computer-generated number that tells them how likely you are to repay your debts.