Before you buy real estate in Virginia Beach or Hampton Roads you need to do your credit housekeeping. Did you know that by having a credit score in the 700+ range versus a 500 score could save you tens of thousands of dollars over the course of a 30 year real estate loan? 

Thinks about it,  if you have a great credit score it could result in a $200 or more savings per month on your new Virginia Beach or Hampton Roads home purchase. (may vary based on purchase price).  You are simply less risk to the lender with a high credit score and will get a better interest rate and terms on your real estate purchase.

Multiply that by 12 months and then by 30 years and it is a hefty amount of money in your pocket and not the real estate lender. 

So start here:

Go and get  your annual Free Credit Report

This central site allows you to request a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.

When visiting any of the credit reporting sites listed above do not sign up for their credit monitoring service - check with your bank to see if they offer a similar service for free.

Read my tips:

How Your Credit Score Affects Virginia Beach Home Buying

Do you have an Ugly Credit Score? Tips on How to Improve Your Score before Buying Your Virginia Beach Home

Contact your REALTOR® if you need any assistance.

See how your REALTOR® can help you navigate through purchasing Virginia Beach or Hampton Roads  real estate with representation.

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