In the current Milwaukee mortgage market it is imperative that you present yourself in the best possible light. Most first time home buyers do not look at their credit until they are ready to purchase. Are they ready or is it to late?
The one certain fix for credit is time. A credit report is front end loaded. What have you done to me lately? 12 months of perfect credit is solution for most dings on a credit report. When you are purchasing a home in two months you just do not have enough time to fix blemishes. Start researching your credit early.
The Milwaukee mortgage environment has changed to focus on credit scores and the amount of the down payment. You might say that has always been the case. The difference is the penalty for not having perfect credit. The difference between a 700 and a 740 score could be .25% to the rate. The difference in payment on $150,000 is $25 per month or $300 per year. It only gets worse as your credit scores decline.
How to check your scores and other valuable information is listed in out "5 Musts before you even start House Hunting" EBook. It gives you the list of credit reporting agencies that you would need to contact to correct any mistakes on your report.