💰 You don’t need 20%, but plan realistically for your situation.
📉 Don’t overlook closing costs, ranging from 3-6% of the purchase price.
📊 Credit score – it doesn’t have to be perfect, but understand its crucial impact.
📝 Getting a loan requires time, paperwork, and confidentiality for guideline adherence.
🔄 Prequalification is the starting point; preapproval follows document verification.
🏡 Prepare for the appraisal; it might sometimes come back lower.
🕵️♂️ When selecting a lender, scrutinize individual reviews.
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