3 Common Mistakes That First-time Mortgage Borrowers Make and How to Easily Avoid Them

I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?

Deciding to purchase a home will be one of the biggest investment decisions you’ll make in your life, but it can be confusing for the first-time home buyer to know all the ins and outs of buying a home. If you’re wondering what things first-time buyers often forget about before purchasing a home, here are three important things that you’ll want to keep in mind.

Ignoring Their Credit History

If you have a high debt load or you haven’t been making your minimum payments, it can be pretty frightening to consider looking at your credit report, but it’s very important to do this before applying for a mortgage. A lender will be taking a look at your credit history and reviewing it carefully before approving your application, so it’s important for you to be aware of what your credit history says about you and how it might impact your mortgage.

I’d be really interested to know your opinion. Check out the full article here https://dcmortgagecoach.com/2016/10/3-common-mistakes-that-first-time-mortgage-borrowers-make-and-how-to-easily-avoid-them.html and then I’d be happy to discuss with you by phone (0400) 032-110 or email [email protected].

Thanks,

Bill Mitchell