Getting Ready For Home Ownership
    
               
   
Buying a home is much more than a sound financial investment. For most of us, it's a chance to own a piece of the American dream--to put down roots and to make memories. Before buying a home, you should carefully consider whether home ownership is right for you. Some questions you'll want to answer before you decide to buy are:
    
               
   
  • What are the benefits of owning a home?
  • Do I have enough for a down payment?
  • Can I afford the monthly payment?
  • How do I begin shopping for a home?
 
         
   
If you're unsure of the answers, don't worry. I know that buying a home and applying for a mortgage loan can be confusing and stressful, especially if it's you first home.
    
               
   
This guide will help you get ready for home ownership. It answers frequently asked questions by first-time homebuyers, and outlines the steps involved in buying a home--from application through closing. Because like most things in life, buying a home is easier if you're prepared.