My fiancé James and I recently bought our first home together, so I know from recent experience what it’s like to go through the home buying process!
Hot Tip // Keep your finances as steady as possible between the time you apply for a mortgage and the time you close on the loan. It might sound boring, but you should delay your spending - especially large purchases.
When you apply for a mortgage, the lender looks at your the minimum payments on your credit report and credit score. Then, shortly before closing, the lender will look at your credit again. If there's a substantial change or any large purchases -- maybe you bought furniture or appliances, or you got a loan to buy a car…the lender might delay your mortgage closing. PLEASE check with your mortgage broker before making any large purchases during this crucial period.
Photocred: Hale Production Studios
So today me & @mattc21 bought our first home 🏡 after months of viewings, meetings and saving we finally have a dream house! I couldn’t feel any prouder of us than I do today 🙊 we might not know anyone in Merthyr but we can’t wait to move in 😍 (if you see us in Merthyr please say hi)