Tips for First-Time Home Buyers
- Pay Off All Debt to maximize buyer ability.
- Determine How Much you want to pay.
- Save a Down Payment or get a gift.
- Save for Closing Costs.
- Get Preapproved for a Loan.
- Find a home for Sale in Your Price Range.
- Research Neighborhoods for Best Fit.
- Attend Open Houses and Think Long Term
Refinancing Tips-under tips & tools page
- Move quickly rates change daily
- Make sure your credit is good if possible
- Home prices are going up don’t wait till they go down
- Consider arm rates to get the lowest payment
- Refinance to the shortest term you can afford, 10-15 years pay off the fastest
- Have an adjustable? Consider moving to a fixed for long term security