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You're almost ready to buy a house!
You are almost there, friend! According to your responses, you are just about ready to buy a house. Settling down is a huge step, but you have a pretty clear idea of what you want from life, which makes purchasing a property that much easier.On top of that, your finances are in good shape. You've been scrimping, saving, and putting money aside to afford your dream house. This means that when the time comes to apply for a loan, you've got a good shot!Your next move? Get really specific. Nail down the details, so you can find a place that meets all your needs – however far down the road they may be.How to get home-ready in 3 simple steps...1) Know your goalsBefore starting the search for your new house, take time to think about where you want to be a decade from now. Do you plan on switching career paths? Maybe having a kid or two? Without a clear picture, it isn't easy deciding what sort of property – a single-family home, a duplex, or a condo – is right for you.2) Assess your financesIt's time to get real about just how much money you have to spend on your new house. From credit card debt to student loans, take every dollar into account. Make sure to review your savings, track your spending, and check your credit score, so you don't get any unhappy surprises while speaking with a potential lender.3) Meet with a financial counselorTo get the best possible rates on mortgages, meet with an expert before you apply for financing. Ask them to assess your home-readiness and offer any tips you can use to get your finances in the best possible shape before shopping.Through our partnership with national non-profit GreenPath Financial Wellness, One Detroit Credit Union members have access to Free Financial Counseling with an NFCC and HUD certified housing counselor.Take the first step and request a call from a GreenPath counselor today. It’s free, no-pressure, and 100% confidential.