Posts Tagged ‘Down Payment’
Is it time to buy your first home?
Income No matter what the state of the housing market, having a steady and sufficient income is essential to buying your first home. You will need 2 years of steady income from the same industry. If you have been in school for a professional career, your schooling could could as time in the career…
Read MoreSo you have decided to buy a house.
Once you’ve decided you want to become a homeowner you may not know what step to take next. Should you hire a real estate agent? Should you find a lender? Should you start searching real estate listings on your own? Here’s a look at the typical home buying process to know if you are ready…
Read MoreKnow before you owe
Mortgage planning is not just as simple as budgeting for a down payment. You will need to plan for three categories of cash-to-close when buying a home. 1. Down payment. You may be able to put as little as zero dollars down. More likely you can put as little as 1 percent down on a conventional loan…
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