How can I go about buying a house?

I’m 23, going to be 24 this year, and im a single mom. I live with my mom and step dad, but more than anything, I want to buy my own house for me and my son. I dont get help from his father, and I dont ask for help. I want to do this, so I can be on my own. Im ready for my aon and I to start this next chapter in our lives, and ive thought so hard about this. What are the steps to take into doing this? What am I looking at? I’ve seen friends my age buy homes, but im so scared to do this.

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Talk to a lender and realtor in your area

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Save for a down payment. Make sure you have good credit or take steps to fix it.

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Look into first time home buyer programs

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The main thing you need is good credit. You need to be pre-approved for a mortgage in order for a buyer to take your offer seriously. Hope this helps

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The USDA rural program is pretty cool. They are really helpful.

Have the same job for a while and residency to prove stability, good credit, enough income to pay mortgage and all monthly bills

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Talk to a realtor…Look to see if you can get preapproved for a loan…I’m going through this right now…And I just found out that even though they’ve been separated for over 8 years and he never filed for divorce that his ex wife is gonna have to sign off on us getting a house…

Get with your bank to get pre-approved for the amount you can afford. They have great programs for 1st time homebuyers. Then find a realtor you trust to show you homes in your price range. The realtor usually walks you through the rest once you find the home you want.

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Only in the same boat as you but with two little girls. I’m currently saving every penny I possibly can because I do find decent little mobile homes to where I can play lot rent it would be a lot cheaper than mortgage I’m just trying to save up 10000 because I find them in my area for about 5

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Absolutely talk to a realtor in your area about all the help you can receive. Shop around for a lender, dont go for the first one. And very importantly get preapproved through a lender.

You’ll need some cash for a down payment and closing costs so save up and talk to a realtor. They can help with the rest. Good luck!

First of all, check your credit score. It will jave to be Good or above. Next, downpayment. Gotta throw something at the start. Talk to a finance person. They’ll run your numbers and tell you how much you can afford.

Check your credit score… from talking to my lender (we just started the process a month ago) they have upped the credit score limits to around 620 for borrows. You don’t have to have a down payment look into down payment assistance but your lender should be able to help you with that. Reach out to a realtor (ask friends who they’ve used and if they like them) and ask that realtor about other lenders (from our experience 3 lender quote for interest rates was good for us and we got a great interest rate) once you know what lender you want to go with and what your preapproval price is… start looking for a home. You must have income and have a decent credit score to be able to qualify. Find a house and put an offer in!

https://singlemothersgrants.org/housing-programs-that-help-single-mothers-with-home-ownership/

Save a Downpayment and make sure you have a good line of credit -your bank can help you with the rest

Have you saved?? Good credit??decent job you got this… good luck

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Buy a house under 20 thousands or so . Do not go over that amount and you should be ok

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if you make enough by yourself, good credit you can do it. i make decent money and have decent credit and i couldnt do it myself. i had to have a co signer. and depending on the price you will need to have money for closing which is thousands of dollars

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Got in to talk to your banker. They will help you with everything . Mine did. Good luck.