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For most homebuyers, one of the first and most important steps in buying a new home is to get approved for a home mortgage. One of the first things a lender is going to ask you when applying for a loan is how good your credit score is. Having excellent credit (720 or higher) is very important both for getting approved for a loan and for getting the best interest rates available. Having excellent credit can actually save tens or even hundreds of thousands of dollars over the life of your loan by getting a more favorable interest rate.

This short video can tell you how to find out what your credit score is and provides some helpful tips on how to improve your score. Click on the following link to learn these useful techniques.