What to Do When You're Ready to Buy a Home

So, you’ve decided homeownership is the next item on your list of goals.

Congratulations; this is a huge step regardless of your current standing. Whether it’s your first time as a homeowner, or you’re looking for something new, either way you have your work cut out for you. We here at LeapFrog have come up with a bit of a study guide reference as you take your next steps.

The key is understanding what factors influence your chances the most. At the top of this list is your credit. Like with many big purchases, credit can mean the difference between smooth sailing and ultra stressful. Things like interest rates are directly impacted by this.

Managing Your Credit

Don’t be ashamed if your credit isn’t where it needs to be for your purchase.

You’re nowhere near alone. So many people struggle to maintain their credit on a daily basis. The good news is there’s always a step in the right direction that you can take to get you closer to your goal.

First, you’ll want to keep a birds eye view of your credit.

There are resources available that allow you a detailed look at your credit history at no charge. From here, if you have any current bills or debts, be sure to pay them on time. If you can’t pay ahead, at bare minimum you’ll want to pay your monthly amount without fail. Otherwise you’re looking at a serious drop in your score which could push things off even further.

LeapFrog Mortgage

That brings us to the close of this entry in our blog. But, we’ve only scratched the surface of improving your debt. Be sure to check back in here for more on the subject to come.

Have more questions on the banking side of things? LeapFrog Mortgage can help. Our staff of qualified experts are on hand to provide you with all the support you need. Contact one of our lenders today to learn more.