Simple Strategy for Purchasing a Home

  1. Make Timely Payments on all your Debt: Continue to pay your car payments, credit cards, rent, etc. on time.  No 30 day lates

  2. Make sure you have at least 3 credit Tradelines.  These tradelines should be a car installment loan, or Revolving Credit cards(Visa, Mastercard, Discover, Amex). Loans with Finance companies or Departments store credit cards do not increase your score as well

  3. Choose the Right Loan Professional: Work with your loan officer to determine the best price home to fit your budget, then Save 6% minimum of the price of the home for a down payment

  4. Have Consistent Income: Make sure your work history is consistent and there are no job gaps.  If you are self employed or paid commission, make sure you have 2 years job history reported on your tax returns

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Understanding the 2-1 Buydown Mortgage: A Smart Strategy for Homebuyers

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Why Work with a Realtor to buy or sell your home?