Good credit is vitally important to getting the mortgage you want when the time is right.
Having a freeze on your credit report at all 3 major credit bureaus is a good plan to protect your good credit from fraud and identify theft. You can read more about it at the California Attorney General’s website.
However, when you are applying for a mortgage, you need to temporarily lift the freeze at all 3 of the major credit bureaus. We can’t pull your credit report or proceed with your application until this is done. You should lift the freeze for 30 days. You can tell the credit bureaus to automatically replace the freeze on your credit after that time period.
Sometimes people forget their passwords or have other issues when trying to unfreeze their credit. Therefore, it is best to get ahead of any possible delays. Don’t wait until the last minute. Make sure you know how to log in to each of the 3 major credit bureaus so that you can avoid any delays or stress when it is time.
When you are already dealing with the details of a home purchase or refinance, you’ll appreciate that this detail is already handled.