Ignition to Wealth

029 | An Interesting Development: Housing Part 1


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In Today’s Episode

Eric and Brandon discuss the very hot topic of buying a house! Have you looked into purchasing a house in this crazy sellers market? Have you felt overwhelmed with the overabundance of information about buying a house? We’ll help break it down into bite sized pieces for you! Today’s episode is on prerequisites!

 

What You’ll Get Out of Today’s Show

  • Where your credit score should be while looking for a house
  • What your down payment number should look like based on your specific situation
  • What an FHA loan is 
  • What PMI is and how it pertains to a loan
  • Interest rates and what part they play in valuation
  • Debt-to-income ratio and where it needs to be to qualify for a good loan
  • The basic steps to get pre-approval 
  • How important a good realtor is

 

Links Mentioned in This Episode

 

ignitiontowealth.com/resources

 

ignitiontowealth.com/tools

 

ignitiontowealth.com

 

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