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 Becoming a Homeowner! 

As soon as you make the decision to buy a home, you need to take a close look at your financial situation. Moving is a costly venture—you will need cash for a down payment and closing costs (which usually comprise approximately 10% of the home's price). Furthermore, your monthly mortgage payments are often higher than what you may pay as a renter. In order to secure a mortgage, a lender will need to know that you are making adequate income to meet your monthly payment. In addition, they will also need to check your credit history. Now that you're sure that you can afford to purchase a home, you'll be happy to learn that there are a number of major advantages to buying.