Moving Forward

Think about everything from the Financial Readiness workshop today, including:

• Your financial readiness, which includes:
  • Enough savings for a down payment and closing costs on a home.
  • Income that is stable and sufficient to cover the costs of owning a home.
  • Credit that is in good standing so that you can qualify for a mortgage.
  • Debts that are not too high to qualify for a mortgage.
• The difference between your current budget and a home ownership budget, and how you can start to prepare for this change when you own your home.