Thursday, December 28, 2023 / by Madison Tracy
1. Work on Your Credit Score
Elevate your credit score by reducing debt.
Regularly monitor your credit for accuracy and progress.
2. Pay Down Debt
Strategically focus on paying off one debt at a time.
Prioritize high-interest debts to enhance financial health.
3. Save for Your Downpayment
Build a downpayment fund to improve your debt-to-value ratio.
Explore local resources offering downpayment assistance.
4. Avoid Large Purchases
Sidestep nonessential purchases to preserve funds.
Concentrate on accumulating resources for your downpayment.
5. Avoid Starting a New Job
Maintain job stability for a minimum period.
If job changes are unavoidable, provide documentation to mitigate potential impacts.
As you embark on your journey toward homeownership, don't forget to look into resources such as RealtyPlus, which we proudly offer a *$10,000 credit towards closing costs. Each resolution brings you closer to the keys to your dream home. Stay tuned for more insightful tips on navigating the real estate landscape! ??? #HomeownershipJourney #NewYearNewHome ??
*Terms and conditions apply. Closing credit is based on a percentage of the loan amount. The closing credit is equal to 35% of the buyer side realtor commission, less the $500 administrative fee, credited to the buyer at closing. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines. All Agents have been independently vetted to meet performance expectations required to participate in the program. If clients are currently working with a real estate agent, this rebate will not apply. The RealtyPlus program is not available in Alabama, Alaska, Iowa, Kansas, Mississippi, Missouri, New Jersey, Oklahoma, Oregon, and Tennessee. Rebate checks will be issued within 30 days of loan closing if the buyer prefers to be paid after closing. The RealtyPlus rebate is offered by RealtyQuest Inc., a licensed real estate broker. Clients must be referred to a RealtyPlus Network Partner for mortgage and realtor services. Additional restrictions/conditions may apply. Offer subject to change or cancellation without notice.