Planning to purchase a home within the next 3-6 months?
Here are some tips to help you prepare:
- If there was work needed to improve your credit or your credit score it is wise to obtain another 3 bureau credit report with credit scores at this time.
- Please, oh please don’t buy or lease a new vehicle! Know that every $300 of car payment is equal to $50,000 of home buying power.
- Get pre-qualified to buy a home with a mortgage professional. Realize that you can often be pre-qualified or even approved for more than you can afford. This is why it is so important that you have completed a budget. Find out now before it can hurt you.
- Keep saving money.
- Attend a first time homebuyers education class in person or on-line. These are incredibly valuable classes. Learn as much as you can about mortgages and home ownership CLICK HERE to learn more.
Information provide by:
Lonnie Glessner
America’s Mortgage LLC
P.O Box 271533
Littleton, Colorado 80127
Office: 303-993-2367
Fax: 303-993-2358
Cell: 303-881-6374
Lonnie@EndingFinancialInsanity.com