Achieving an Excellent Credit Report takes diligence on your part but is well worth it. Follow these steps you need to take to get the best credit scores.

1. How to Establish Excellent Credit in 2013
Over the past ten years as a real estate professional I have been asked by my clients that
are new homebuyers over and over again the same question: What are the first steps to
buying a new home? My answer is always the same: You must establish good credit in
order to obtain a mortgage.
But, what about the homeowners that have gone through the housing crisis of the past few
years. Of course now that we are finally seeing the end of this horrible housing crisis some
homeowners have escaped unscathed but a lot of people have had to suffer through a
foreclosure and even bankruptcy thus ruining their credit scores.
The good news is we are finally coming out of the housing crisis and there are ways to improve
your credit rating and even achieve an excellent credit score if you're diligent and patient.
Establishing and repairing credit usually will take about 24 months.
Throughout the whole process of establishing and/or repairing your your credit you must
keep accurate records and documentation. Lenders will request your documentation in it
must be complete.
Here are some excellent credit tips to help you improve or build your credit score:
1. You will have to show a stable income covering a 24 month period.
2. You must live within your means. Avoid compulsive spending. Don't stretch yourself too
thin. Make a budget and stick to it and don't forget to add some money to your savings
account.
3. Buy a life insurance policy do avoid your family the hardship of having to pay for your
debt.
4. Always make your payments to your creditors on time. If for some reason you have
difficulty making the payment contact the creditor right away and negotiate some type of
payment with them. Don't just avoid the situation. You will be surprised how willingly the
creditors will help you.
5. Obtain a copy of your credit report from the three main credit bureaus: Experian, Trans
Union and Equifax. You are entitled to a copy of your report for free annually. It is best
to go to the US government mandated website http://www.AnnualCreditReport.com
where you can where you can submit a request of all three bureaus reports at one time.
6. Once you receive your report you should go over it completely and check for any
discrepancies. If you find any mistakes on your report then you must dispute them to
have them removed from your report thus eventually improving your credit score.

2. 7. Throughout the year, make sure to maintain your credit by checking your credit report.
Following these steps will ensure that within a relatively short time you will be able to apply for
the mortgage loan options that are available now with low interest rates.
Find out about an easy five step program to establish excellent credit here: Five Step Program