You Can Become a Homeowner

06/08/2024 28 min Episodio 16
You Can Become a Homeowner

Listen "You Can Become a Homeowner"

Episode Synopsis

In this empowering episode, Dave Gallegos assures listeners that homeownership is within reach for anyone with the right preparation. Dave outlines the essential steps to get ready for buying a home, from building a solid credit score to saving for a down payment and understanding your budget. He also sheds light on what banks are looking for when approving a mortgage, offering insider tips to help you meet those criteria. Tune in to learn how to navigate the path to becoming a homeowner, with Dave's expert guidance making the journey smoother and more attainable.00:00 - MTM Introduction00:40 - The Fundamentals of Financial Health01:25 - Nothing Has Really Changed02:45 - No One Owns a Time Machine04:40 - The Economic World is Very Different06:45 - Not JUST the Financial Benefits of Home Ownership07:25 - So, How Do You Do It?09:00 - The Good News11:25 - What Mortgage Lenders Look At13:30 - It’s An Intimidating Process15:45 - #1 Will You Pay?18:15 - How Does The Bank Know?19:55 - No More Late Payments22:45 - Dealing With Negative Credit Reports23:40 - Pay Down & Pay Off As Much Debt as Possible24:00 - OptOutPrescreen.com26:30 - Everyone Should Have Financial Balance in Life