Frequently Asked Questions
|What do I need to do before I think about purchasing a home?|
Get your finances in order
Often when people are considering buying a home whether it be a first or another home, they believe they can just purchase one like buying a car. That is not usually the case. Here are some things you should know before buying a home.
Check with a lender to see what you qualify for.
You should know facts such as:
Amount of Cash you have/will need for a down payment*
Other Home Loans
Other Credit Card Balances
Other Loan Balances (Vehicles, etc.)
Other factors affecting your income e.g. child support, tax payments.
**Note: Some time first home buyer loan programs do not require a down payment.