Single Mom Buying First Home Today

Since you are likely navigating this on a single income, your "buying power" and safety net are your top priorities.

These allow for a down payment as low as 3.5% and are more forgiving of lower credit scores. single mom buying first home

Just because a bank says you can borrow $300k doesn't mean you should. Leave room in your budget for extracurriculars, birthdays, and "life." Since you are likely navigating this on a

Do not skip the home inspection. You need to know exactly what you are walking into so you aren't hit with a $10,000 plumbing issue in month two. 5. Managing the Stress single mom buying first home