Santiago, Most offers require a pre-approval letter that includes your FICO scores. Here is a website that explains FICO scores and how to get your credit score improved: http://www.creditrepairsite.com/FICOscores.html

Get a pre-approval from your bank, credit union and if you don't know your credit score then find out and get some advice regarding how to improve your credit score as much as possible.

There are simple things that you can do such as making more than the minimum monthly payment on your credit cards. Keeping your credit card balances below 50%.

Good Luck!

Santiago:

Good credit is important in purchasing any property. First it establishes weather or not you even qualify for a property. Second it helps to establish what interest rate you will pay for the property and third it lets the seller know which offer might be the better offer and most likely to be completed, so good credit is always important.

There are 3 major ingredients in establishing what interest rate you are going to pay. First is the amount of money you are going to put down. Second is your credit score and third is your debt ratio. If all of those are within the guidelines that the lender uses and all of your information is documented and true then you get the best interest rate. Then the property has to qualify by being appraised for the amount you offer.

Good Luck:
Diana 909-945-5763