Improving your credit to qualify for a mortgage

Improving your credit to qualify for a mortgage. Your credit rating is not the only factor lenders consider. They also look at your net worth and your current income, for example. They will also consider the value of the property and the current state of the market for real estate, as well as the current bank rate or prime lending rate. So don’t look for a precise correlation between your credit rating and the interest rate you will be offered.