Preparation

Before you start shopping for your dream home, it’s a good idea to make some preparations:

Build Your Green File



A green file contains all your important financial documents. You’ll need it to secure financing for your home. The typical green file should contain:

• Financial statements
• Bank accounts Investments
• Credit card
• Auto loans
• Recent pay stubs
• Tax returns for two years

Check Your Credit Rating



Your credit score will have a huge impact on what type of home you can buy, and at what price. Anything above 620 is considered good. A premium interest rate may mean a lower interest rate on your mortgage. Check your credit rating with a credit reporting agency such as: Equifax, Experian or Trans Union.

Be Careful With Your Finances 



Now is not a good time to make sudden career changes or large purchases. You want to approach home buying from a position of financial stability.

For more information and for any additional questions, please feel free to contact me at any time.