Keeping Your Credit Clean when Shopping for a Laguna Niguel Home

One of the most common questions I hear from buyers in the Laguna Niguel real estate market is about how shopping for a mortgage will affect one’s credit. This is a great question to ask your Laguna Niguel realtor, because understanding your credit can help you get a better interest rate and a lower mortgage payment in the long run. Thankfully credit bureaus understand that when you’re shopping for a home, you may have several inquiries on your credit in the course of the shopping process. Instead of counting each inquiry separately, they are bundled and count as only a single inquiry. This allows you to ask for quotes from several lenders without having your credit affected.

If you are thinking about buying a Laguna Niguel home, you’ll definitely want to stay on top of your credit reports. You don’t want any surprises when it comes time to get pre-approved for your home loan. Check out the “Keeping Your Credit Clean” article on my Laguna Niguel real estate website for great tips for ensuring your credit is in the best shape possible. If you have any questions about buying a Laguna Niguel home or about getting a mortgage pre-approval, call me today at 949-939-0300.