Financial Fundamentals for Homebuyers

Thinking of buying a home? Here are some critical steps to take before you begin your home search:

1. Save for your down payment:

Contrary to common belief, your down payment could be substantially less than 20%. Start saving now- you might be closer than you think!
To-Do: Automate your checking account to pull a portion of your paycheck into a separate house fund.

2. Build your credit:

Your credit score is one element that helps determine which home loan you'll qualify for in the application process. It also impacts your mortgage interest rate, so a higher score could lead to a lower monthly payment.
To-Do: Stay on top of your loans and make sure to pay your credit card bills on time.

3. Connect with a trusted agent - The Kendall Green Luce Team:

We help you make strong decisions throughout the home buying process. We know the market and can guide you toward a sound investment.
To-Do: Let's connect to get your home buying process started today.

4. Get pre-approved:

A pre-approval letter lets you know how much money you can borrow and helps you determine how much home you can afford. It also shows sellers that you are a serious buyer.
To-Do: Contact a loan officer- we have great connections that we trust and would be more than happy to connect you with.

Work With Us

Kendall has represented fine properties in Cambridge and the surrounding areas. Kendall grew up in Cambridge and brings invaluable community insights to her extensive real estate experience.
Contact Us
Follow Us