3 People You Need on Your Home Buying Team
When it comes to home buying, you don’t have to go it alone. You need a team to succeed. Here are three key people you want on your side.
A nonprofit homeownership advisor can serve as a home buying coach, helping you understand the best plan for your individual situation. They can guide you on homeownership process, how to work on credit issues, understand different loan terms and find homeownership education courses.
Homeownership education is often required for down payment assistance programs and helps set you up for success. The type of course may vary from program-to-program. Get a jump start by checking out online courses.
Your lender can offer a range of mortgage loans that may also include down payment and closing cost help. Ask your lender what down payment assistance programs they offer. Discuss your eligibility for programs and compare programs with first mortgage options.
Your lender can also help you navigate the down payment program application process while you are getting qualified for a home loan.
Real estate agent
When you use a down payment assistance program, both you and the home must qualify. keep reading