Why First-Time Home Buyers Should Consider Prequalifying for a Mortgage When starting the home-buying journey, one of the first steps is often prequalifying for a mortgage. Prequalification gives you a rough estimate of how much home you can afford, allowing you to focus on properties within your budget. This step is usually quick and straightforward, […]
2024 Guide: Prequalifying for a Home Loan as a First-Time Buyer Read More »
We’ve simplified the homebuying journey into 15 key steps—a comprehensive checklist for buying a home. Each step involves decisions and actions. Some may be stressful, some exciting, and others, admittedly, a bit tedious. But every step brings you closer to achieving homeownership. 1. Make sure you’re ready Financial preparedness is essential for buying a home
Buying a Home: A 15-Step Guide to the Homebuying Process Read More »
How much should you put down on a house? What is the average down payment for a house? The median homebuyer typically puts down 13%. For buyers under 32, this drops to 8%, and certain mortgage programs even allow for down payments as low as 3% or none at all. While putting down 20% to
What is the Required Down Payment for Buying a House? Read More »