Once you’ve made the decision to apply for a Memphis home loan, your credit rating will become a matter of immense interest to your lender. That is because it is used to determine your eligibility for receiving a loan. Your loan officer would pull up your credit report to look for anything that may be a cause for concern. Things like mistakes with dates, large purchases, or items that increase your debt to income ratio by a high amount are definitely things that you don’t want on your report, as they can affect your mortgage rates in Memphis.
http://memphis.churchillmortgage.com/blog/2013/10/02/make-your-credit-report-impeccable-and-be-introduced-to-the-most-favorable-memphis-mortgage-rates/
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