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Buying Your First Home 101 -

Down payments range from 3% to 20% of the home price.

A higher score earns you much lower interest rates. You can grab free reports from AnnualCreditReport.com . buying your first home 101

💵 Phase 1: Financial Prep

Keep total monthly housing costs below 30% to 40% of your gross income. Down payments range from 3% to 20% of the home price

Expect to pay 2% to 5% of the loan amount in processing fees. buying your first home 101