GET ORGANIZED

Before you start shopping for your Suburban Essex area home, it's a good idea to make some preparations.

2.1 Build your green file
A green file contains all your important financial documents. You'll need it to secure financing for your home. The typical green file should contain information on the following:

• Financial statements
• Bank accounts
• Investments
• Credit cards
• Auto loans
• Recent pay stubs
• Tax returns for two years

2.2 Check your credit rating

Your credit score will have a huge impact on what type of home you can buy, and at what price. A premium interest rate may mean a lower interest rate on your mortgage. Check your credit rating with a credit reporting agency such as Equifax, Experian or Trans Union.

2.3 Be Careful With Your Finances

Now is not a good time to make sudden career changes or large purchases.

You want to approach home buying from a position of financial stability.

To understand your affordability range and the mortgage options available to you, ask Bev and Bob for a mortgage loan expert to contact.