Think you're ready to buy a home? Take our Homebuyer Challenge and find out! It's a fun and easy way to assess your readiness and take the first step toward homeownership.
1. Put a finger down if you have a clear understanding of your credit score and credit history.
2. Put a finger down if you have created a budget to determine how much you can afford to spend on a home.
3. Put a finger down if you have discussed your mortgage options and have gotten pre-approved with a local mortgage professional.
4. Put a finger down if you have saved enough money for a down payment and other closing costs associated with buying a home.
5. Put a finger down if you have calculated the additional expenses that come with owning a home, such as property taxes, insurance, and maintenance.
6. Put a finger down if you have identified your priorities for a home, such as location, size, and style.
7. Put a finger down if you have researched different neighborhoods and have a good understanding of the local real estate market.
8. Put a finger down if you have attended open houses and viewed multiple properties to get a sense of what is available in your desired area.
9. Put a finger down if you have identified a trustworthy and experienced real estate agent to help you navigate the home-buying process.
10. Put a finger down if you have reviewed and compared different mortgage options to find the best one for your financial situation.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.
