Buying a home can be nerve-racking, especially if you're a first-time home buyer.
These tips will help you navigate the process, save money and avoid common mistakes. We organized them into four categories:
Mortgage down payment tips.
Mortgage application tips.
House shopping tips.
First-time home buyer mistakes to avoid.
It’s common to put 20% down, but many lenders now permit much less, and first-time home buyer programs allow as little as 3% down. But putting down less than 20% may mean higher costs and paying for private mortgage insurance, and even a small down payment can still be hefty.…