Are you prepared for unexpected repairs?
Factor in principal and interest, property tax and homeowners insurance to your payment.
Besides your down payment, you need to budget for closing costs and money for reserves.
Determine if housing costs are a monthly expense or part of long-term financial goals.
Ask your lender who is servicing your loan and where to send your first mortgage payment.
Buying and renting both have their advantages. Find the best choice for you.
Find the mortgage amount that realistically fits your budget.
Weigh the benefits of owning (e.g., tax breaks), with responsibilities like maintenance.
Learn about budgeting, your credit score and the prequalification process.