3 steps to home ownership

What are the first steps toward home ownership!?

1) Clean up your credit!! Get your credit scores from all three credit reporting companies.
3) Pay down your debt. This will make your debt ratio much better when it comes time to meet with a lender!
3) Start saving! You’ll need Earnest Money (usually at least 1% of listed amount of home), possible Option Money (usually $100/day to do I inspections etc) for sure. Then Downpayment which can be 0% (for the Veterans using a VA loan) and 5%+ for everything else. You’ll get this applied to the purchase as well. Plus you’ll need the Closing Costs which involve taxes, fees, etc and split costs for seller & buyer.

If you’re ready to start the journey then please reach out to me so I can have you chat with a couple of lenders that I work with. Don’t just meet with one…each one has different packages they offer. Find the one that matches your goals!! DM me and I’ll point you in the right direction!
#firsttimehomebuyer #homebuying #austinrealtor #austinrealestate #homerealestate #shoppingforahome #realtortips #paydowndebt #cleanupcredit #savingforhomeownership #saveforahome #saveforahouse #atxrealtor