If you’re ready to own your own home, being prepared and creating a budget is part of the first steps to help you save and plan. Here are just a few (but important!) tips to begin:
– Track all of your expenses for at least three months and at the end of three months, analyze your spending.
– Break down your savings goal into monthly, manageable targets.
– Contact your mortgage loan officer to determine how much you may need for a down payment and closing costs.
Please note that lenders may be offering down payment assistance and similar programs to help homebuyers!
If you have any questions about how to get on track for a home purchase, let me know!