From net income and credit scores to monthly expenses and more, your finances can impact mortgage payments, down payments, and interest rates on your new home.
Check out these important tips to know as you build your budget and begin looking into loan options during your homebuying search.
One of the first steps in any homebuying search is understanding your financial situation.
Identify your monthly net income — sometimes known as take-home pay after taxes and other benefits — to see what you can afford to pay toward a mortgage each month.
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