Credit Scores and Home Buying
Understanding your credit score is more important than ever when preparing to buy a home. At Ideal Credit Union, we want to emphasize that a credit score is more than just a number—it's a reflection and record of your financial history and behavior. This score plays a pivotal role in the home-buying process because it influences not only your eligibility for a mortgage but also the terms and rates you may receive. Knowing how credit works can empower you to make informed decisions and potentially save thousands over the life of your mortgage.