Tag: First time home buyer

The 10 Commandments to Buying a Home

  Thou shalt not change jobs, become self-employed or quit your job. Having a steady, provable income is important to securing a mortgage loan with the best interest rate and terms. Self-employment can make it trickier to show a consistent income. If you’ve recently changed jobs, it can also affect your qualification because it’s harder to…
Read more

Emergency Fund..

We recommend three to six months of expenses set aside for an emergency fund. If you have six months’ worth sitting in the bank and you took it down to three, you’d probably be okay. But if you spend it down to $2,000 and move into a new house, you’re asking for trouble. We’d love…
Read more