For most people, a home is the largest purchase you will ever make. That’s why preparing for this important step in your life is so important. Use these three tips prior to applying for a mortgage:

Check your credit score and resolve any errors.

Lenders use your credit history and credit score to determine whether you’re a risky borrower. Therefore, it is in your best interest to check your report and if needed, file written disputes to eliminate errors.

Do your mortgage research.

Make sure you explore your different loan options and select the loan that is right for you. Our loan officers can help you understand the differences between different loan programs and help you find a loan that meets your specific needs.

Think long-term and re-sale.

If you’re planning to have kids or possibly take care of your elderly relatives in the future, consider this when choosing a home to purchase. If you plan on staying in your home for only a few years, consider the potential buyers for your home in the future and what features they would find most attractive.

After you have carefully reviewed your credit, explored your loan options and considered the features you want in a home, you will be well on your way to homeownership!