What advice would you give to someone considering buying a home for the first time?

You can choose to treat any debt secured by your qualified home as not secured by the home. This treatment begins with the tax year for which you make the ... In addition to the PHFA first mortgage, some applicants may qualify for ... loan closing does not exceed the Keystone Home Loan Program income limit. Most lenders base their home loan qualification on both your total monthly gross income and your monthly expenses. These monthly expenses include property ... What to Do · Low credit score · Inadequate income (documented income) · Not enough savings · High debt-to-income ratio. Get Qualified. Contact a Georgia Dream Participating Lender to pre-qualify and begin the mortgage loan process. Visit the Georgia Department of Community ... This key information will help you narrow your sights on the perfect homes within your price range. Enter your information into our mortgage estimator. Calculate loan amounts and mortgage payments for two scenarios; one using aggressive underwriting guidelines and another using conservative guidelines. How much home can you afford? Use our calculator to find out. Then see how much you're preapproved for. In this article, we'll share certain steps you can take to increase your likelihood of qualifying for a home mortgage. Mortgage tax credit certificates can help lenders increase their appeal to first-time homebuyers and help more bor rowers qualify for homes by reducing their ...