Fox Business reports that home buyers are typically required to have 3 credit scores. The problem is that some credit companies only report to 1 or 2 credit bureaus, which could create a problem when home buyers apply for a home loan.
Although the housing market is still improving, it can still be challenging to get a home loan. That’s why we work with our clients to help them position their finances to qualify for a mortgage that best fits their needs.
To learn more what you can do about this credit score requirement, read our article: You May Need a Credit Score From Three Major Credit Bureaus For a Home Loan.