Rueben Fazio

If you already know your credit is poor, save up extra so you can make a bigger down payment. It is common for people to save between three and five percent, you'll want to have about 20 percent saved as a way to better your chances of loan approval.

Look through the Internet to finance a mortgage. You don't have to physically go to mortgage from a physical institution anymore. There are a lot of great lenders who have started to do business exclusively online. These decentralized businesses will actually process loans in a fast and efficient manner.

Avoid things that may alter your financial situation until after your loan closing. The lender will probably going to look at your score right before closing. They may take your loan back if you have since accumulated additional debt.