Once you have gone over your credit report and fixed any mistakes, paid off a few credit cards, and know your score and can start shopping for your mortgage. How much money you have to put down can make a huge difference in the amount of home you can afford. A few years ago it was not uncommon for buyers to get a first time home buyer loan with absolutely nothing down. Those days are pretty much over. Now the banks want to see a stable employment history, and depending on your loan, a minimum of 3.5% down.
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