First-time Buyer Financing Tips and Tricks

For most first-time buyers, financing their purchase is the biggest hurdle. Share theses financing tips with your buyers to help smooth their path to homeownership. 1. Do a personal financial review. Create a financial plan with a preferred monthly housing payment, available cash for down payment and closing costs, income and spending.   2. Start with an early loan preapproval. Buyers should obtain preapproval for…