In this podcast, Tamica Foster, a Financial Wellness Relationship Manager with Regions Bank in Jackson, Miss., takes you through a few tips for starting your home ownership journey. You’ll hear Tamica’s perspective on these topics:

• General guidelines to determine if you can afford a house
• Understanding your total purchasing power and the costs you’ll need to pay
• How reviewing your credit report can save money in the long run

In this podcast, Shaun Collings, a Financial Wellness Relationship Manager for Regions Bank in Atlanta, Ga., discusses costs associated with buying a home aside from the purchase price. Shaun will provide his perspective on: 

• Closing costs and what’s involved
• How much money to set aside for a home inspection and appraisal
• Other costs to plan for, including homeowner’s insurance and private mortgage insurance

In this podcast, Donna Medina, a Financial Wellness Relationship Manager for Regions Bank in Nashville, Tenn., discusses factors to consider when deciding whether to buy or rent a home. Tune in through the link below to hear Donna’s thoughts on the following:

• Calculating the costs of buying a home
• The monthly expenses associated with renting or buying a home
• Other factors that can help you decide which option is best for you