01/09/2026
Buying your first home?
Step 1.
Assess Your Finances and Credit Score: Review your income, expenses, debts, and savings to determine your financial health. Lenders typically look for a stable income history (usually two years) and a debt-to-income (DTI) ratio below 43%. Check your credit report for free at AnnualCreditReport.com to fix any errors and boost your score, as a higher score secures better interest rates.
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