One of the easiest and quickest ways to secure a great mortgage rate is by having a good credit score. The truth is that the majority of companies will first check your credit score to decide the rate that you will receive. If you have little to no credit or if you have a low credit score, then this will hinder or almost entirely null your chances of getting a good percentage rate or any loan for your mortgage whatsoever. Your credit score is important, but what is just as or even more important than your actual score are the other things that are indicated on your credit score. It is frowned upon greatly if you have, for instance, repossession on your credit score, credit card debts or even an eviction that is noted. Many companies will demand that you fix these issues on your credit score before you are ever given a good mortgage rate. A credit score is your calling card in the real estate world and aside from anything else, it is the most important piece of paper that you will have to show in order to get a loan or good mortgage rate. Credit scores are very helpful in also securing a better price on real estate as well. When a company sees that you have a high credit rating, then you appear much more trustworthy and reliable than an individual with a less than desirable credit rating. A high credit rating might be able to get you money off your entire property purchase, special perks such as lower monthly payments and also a smaller down payment, etc. If you do currently have a low credit score, then there are ways that you can repair it and make it high once again. Simply contact the companies that have written marks on your credit report and do what you can to remedy the situations, either by paying the debt or asking them to remove the mark from your credit score.