First Time Home Buyer Loans

QHow Do I Know If I'm Ready To Buy A Home?
AYou can find out by asking yourself some questions: 1. Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income reliable? 2. Do I have a good record of paying my bills? 3. Do I have few outstanding long-term debts, like car payments? 4. Do I have money saved for a down payment? 5. Do I have the ability to pay a mortgage every month, plus additional costs? If you can answer "yes" to these questions, you are probably ready to buy your own home.