Knowing your credit score is very important when you are starting your real estate search. Some small glitches in credit can make a steep drop in your credit scores. The better your score, the better your chances of getting a great loan. Many mortgage companies can work with you to get a plan in place to repair poor credit scores.
If you have a pre- approval letter from a lender, your chances of negotiating for a good deal on a home increase greatly. Sellers want to know that you can buy their property, and your loan pre approval is their assurance that you are a legit buyer. Do the work now and you will really be in a great position to buy.