Down Payment tips #7 & 8 |
#7 Pick up a Side Hustle In today's world, it's a lot easier to earn money on your own time with a side hustle. Here are a few ideas you can consider to get started:
#8 Chop down your Debt If you're on a mission to buy a home, diverting your extra income toward your debt might seem counterintuitive. However, debt-to-income ratio (DTI) is a factor when applying for a mortgage. Take some time to reduce your debt before you apply for a mortgage loan. Look at exactly how much you owe on your credit cards, student loans, personal or auto loans. and create a pln to tackle it! |