The #1 Mortgage Mistake Homebuyers Need to Know 🏠💰 #Mortgage #HomeBuying #RealEstate

What should people be doing right now that they want to buy a home in the next two years? What should they be doing? And let's say that the price is going to be on average 1.2 million. I think everyone should be listening to this question because it's so basic and so real. And it's like that's what people should be tuning in for right now. So, it's the credit. Make sure you have the credit score that meets the guideline. I talk about credit income, the source of income, assets they're going to be using for down payment, closing costs, and something that's not really relevant, which is like the appraisal or collateral. So credit is a huge thing that a lot of times it impacts number one the interest rate and the types of programs. Nowadays you could have programs with as low as 580 credit score with 3 and 12% down. So, as long as the income supports whatever they're going for, they don't need to put down a large down payment and they could have low credit