Wealth Creation

4 Big Money Mistakes of First-Time Homebuyers

As you begin the process of searching for your first home, it helps to understand the financing process. Here are four common money-related mistakes made by first-time homebuyers and some tips to help avoid these pitfalls. 1. Over-Committing Your Spending Power Mortgage lenders often qualify potential buyers for home loans based on their debt-to-income ratio. This ratio does not take […]