What Do You Need To Buy Your First Home (Edge)

: Generally, the last two years of federal tax returns.

Buying your first home is one of the biggest milestones you’ll ever hit. It’s exciting, a little scary, and—let’s be honest—comes with a lot of paperwork. To help you navigate the journey, we’ve broken down exactly what you need to have in your "homebuying toolkit" before you start house hunting. 1. Financial Readiness: The Foundation what do you need to buy your first home

The price tag on the house isn't the only number that matters. Factor these into your budget: : Generally, the last two years of federal tax returns

: While 20% is the gold standard to avoid Private Mortgage Insurance (PMI) , some loans like FHA allow for as little as 3.5% down . a little scary