First-Time Homebuyer’s Guide: Everything You Need to Know Buying your first home is one of the most exciting milestones in life! But with so much information out there, the process can feel overwhelming. That’s why I’ve created this step-by-step guide to help you navigate your journey to homeownership with confidence. If you’re thinking about buying in Georgia or North Carolina , this guide is for you! Step 1: Get Your Finances in Order Before diving into home searches, take a close look at your finances. Ask yourself: ✔️ What’s my credit score? (Higher scores get better mortgage rates.) ✔️ How much can I afford? (Factor in your down payment, monthly mortgage, and closing costs.) ✔️ Do I have a stable income and low debt-to-income ratio? 💡 Pro Tip: You don’t need 20% down! Many loans allow for as little as 3-5% down, depending on your eligibility. Explore FHA, VA, or USDA loans for lower down payment options. Step 2: Get Pre-Approved for a Mortgage A mortgage pre-appr...
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Showing posts from February, 2025