The path from here to homeownership involves three steps: preparing, planning, and purchasing.
Preparing primarily involves acquiring all necessary information. You do this by sitting down and speaking with a residential mortgage lender that you trust. Just approaching them, explaining that you want to buy a house, and giving them all your information will help them assess when you can buy.
Devising a plan of action can go many ways. This might involve saving for a down payment, working to improve your credit score, paying off debt, or addressing any number of other procedural requirements. Again, conferring with a lender to formulate this plan will help immensely. It sounds strenuous, but in most cases, it just takes a little time.
Following the first two steps will do wonders for your confidence and put you on the right track once it’s time to get out there and make your purchase.
If you have any questions about buying a home, please feel free to give us a call or send us an email. We look forward to working with you.