How Much Should I Save for a Down Payment?
A down payment is the money you pay upfront to buy a home. As a first-time home-buyer, how much money do you need for a down payment?
Ideally, you should have 20% of the home’s price as your down payment. However, that is not a rule. It is possible to put down as little as 3.5% even to...
How Much Home Can I Afford?
How much home can you afford? It’s an important question. And there is more to it than you might think. Maybe you’ve done some calculations, and you know you’ll be able to make the payments on your dream home. But will you be able to do anything else?
Being house poor means...
Best Home Loan Options for Single Parents
Are you a single parent who dreams of owning a home but nervous that you’ll encounter too many challenges? We’ve got good news for you! There are home buying assistance programs that can help you purchase a home.
If you’re a single mom or dad who wants to buy a...
Do I Need a Credit Score to Qualify for a Home Loan?
When purchasing your first home, it is important to find out your credit score. This is one of the first things lenders look at to determine if you will qualify for a home loan and what your interest rate will be.
In this article, you learn what a credit score is, how to find out about yours,...