Working on cleaning my credit report for a 30-year fixed mortgage loan.

I don't know what's on your report, so it's difficult to advise you.. If you have a BK, a foreclosure, judgments, unpaid taxes, default student loans, collections, delinquent child support.. all those can affect your credit.. some of these items have mandatory waiting periods ranging from 1 to 7 years.. some of these items must be paid regardless of how high or low your score is, and some can be ignored.. every file is different, and there is no One Size Fits All.. answer.. If you are serious about getting a mortgage, then get off the internet and pick up the phone and call a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Late payments, collections, and max'd out credit card balances cause the most damage to most people. Pay off recent collections, don't have any late payments going forward, and keeping credit card balances low - or better yet, zero, you result in good credit.