Are You Financially Ready to Buy a Home?

Hi, thank you for stopping by to visit with us today. Today we are touching on why you may be ready to purchase your first home. Here are the top 5 signs that say you are financially ready to purchase your first home. 

• Your income is stable

• You have money saved to cover your down payment, upfront cost, and closing cost.

• You have low debt.

• Your credit score is over 600

• Your monthly income and budget can comfortably handle a mortgage payment.

It is true that you do not need perfect credit, a large down payment or huge salary to become a home owner. As long as your income will accommodate a mortgage payment and your other expenses without causing you financial stress, it may be an indicator that you are ready to make your home buying move. We can help.

As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please give us a call 713.204.8013 or Email us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana