Preparing To Buy A House | Direct |

🏗️ Phase 1: The Financial Foundation (6–12 Months Out)

: Pull reports from Equifax, Experian, and TransUnion. preparing to buy a house

: Aim for this down payment to avoid Private Mortgage Insurance (PMI). 🏗️ Phase 1: The Financial Foundation (6–12 Months

Before looking at a single listing, you must prove to lenders that you are a "safe bet". preparing to buy a house

: Keep a 40% income buffer for savings and other life goals.

: Lenders prefer a Debt-to-Income ratio below 25-36%. Pay down credit cards to below 1/3 of their limit. 🏠 Phase 2: Defining Your "Must-Haves" How to Prepare to Buy a House in 6 Months