Purchase a Home

Couple shaking hands with realtor indoors.

Prepare to Purchase a Home

What is Required of Me?

SAVE SAVE SAVE

  • pay off credit card debt/ Pay cash

  • Don't shuffle money around (leave bank accounts alone for at least three months)

  • an individual should not have large deposits going into account unless its your paycheck.

  • It's true the first impression means a lo change to It's true the first impression is important.

  • Improve landscaping. Plant flowers, power wash or paint the exterior of the house.

FAQs

Q: Can I buy a new car before purchasing real estate?

A: Lenders don't recommend it because it will affect your income-to-debt ratio, which will impact the amount of your home purchase.

Q: Do I get a new credit card?

Need Help With Credit Issues?

Increasing H.O.P.E. Financial Training Center

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