If you’re considering purchasing a home in the future, start cleaning up your credit now.
Work out payment plans on any outstanding debts, and get a copy of your report so that you can contest any errors.
It’s also a good idea to start saving for your down payment well in advance.
Down payments are the reason why first time home buyers are well advised to sack away cash for at least a year before they purchase. The more you can put down up front, the less you have to borrow.
Having a good credit score and cash in the bank are the two most effective ways to get a good loan with a decent rate.
If you don’t have those two things yet, you should consider putting off your home purchase until you do.