First Time Homebuyers…FHA must-read below!

In today’s tough real estate market, any financial advantage you find can make a big difference — particularly when you’re a first-time homebuyer. That being the case, it is really important to understand what your best options are.

When it comes to mortgages, FHA loans can be an amazing option for those who are eligible. In case you’re unfamiliar, FHA loans are government-backed mortgages that help first-time homebuyers secure properties without having to cover huge down payments.

FHA loans are typically available to those with lower credit scores. Assuming you qualify and meet certain criteria, you may only need to put down 3.5% — a much easier lift than the 10% or more you’d have to put down with a traditional mortgage loan!

To qualify for an FHA loan, you must have a:

• 500–579 FICO score for a 10% down payment
• 580 FICO score for a 3.5% down payment
• 38–57% debt-to-income (DTI), depending on your credit score

First, get your debt in order!

Unfortunately, if you are currently in debt or unsure about your debt-to-income ratio, there’s a high likelihood you won’t qualify for FHA loans or even normal mortgages.

If this is the case, resolving your existing debt is the most important step you can take right now.

National Debt Relief is one reputable company that’s dedicated to helping people resolve credit card debt faster and easier. With National Debt Relief, you can pay off your existing card debt with just one low monthly payment. 

And the best part?

Getting started is simple. Just sign up for a free debt assessment here. You’ll be glad you did while also getting one major step closer to buying your dream home!

But what about inflation?!

Debt situation aside, you might be noticing that high inflation has been making it very difficult for money to go far enough.

Even so, there are still a few more tricks to take advantage of this current challenge. For starters, new banking methods and investment apps such as Albert can help you get more control over your finances.

With Albert, you get all of these features and benefits for free! 

• $150 FREE just for signing up
• Get paid early with advances up to $250
• Set automatic savings goals for vacations, your future home, and more…
• Use Albert’s Genius Investment Tool to automatically invest in top stocks to earn you extra cash

Albert’s money management strategy helps you get your money faster (when you really need it) and create achievable savings goals.

And get this: Albert has made their members almost $1 billion so far with their free investment strategy. 

Getting started is easy. Just sign up for Albert and then complete your registration to get your free $150 today! 

Interested in getting into the stock market?

If stocks are something you want to get into while prices are down, you should definitely also take advantage of this limited-time offer from Acorns: a free $40 just for signing up.

Now that you’ve taken advantage of a couple of free investment offers, let’s dive deeper into credit scores. As a first-time homebuyer, you’ll need the best score possible as you begin house hunting.

Improving your credit score usually seems like Mission: Impossible, but services like FreeScore360 can make it quick and simple.

While your credit score might not sound like something that’s important when saving up for a house, it’s crucial when it comes to getting approved for a loan — or even more common everyday purchases for that matter. Believe it or not, a better credit score can actually save you hundreds of dollars each month! 

A better credit score is a gateway to an easier lifestyle with peace of mind when it comes to making purchases for the rest of your life. FreeScore360 helps you make this process super easy by comparing your credit score across all three major bureaus and offering clear and affordable options on how to improve your score fast! 

Getting started is free. Check your current score with FreeScore360 and improve your financial health! 

Interested in extra cash and free rewards?

Circling back to inflation…with prices for everything rising these days, imagine if you were able to make extra cash and get free rewards just by making the same purchases you already do every day?

Check out this short list of FREE services that can earn you serious cash and rewards without having to worry about paying interest or hidden fees… 

Rakuten Rewards is an amazing cash-back service that can earn you significant cash-back opportunities from just about every major brand that you can think of! Members have reported earning hundreds of dollars per month by just buying the same things they normally would online. Start earning cashback with Rakuten today on every purchase you make! 

Upside is a genius app that allows you to earn cash back every time you put gas in your car. It’s free to use and includes almost every gas station company across the country! Sign up here and earn cash every time you get gas.

Cashapp is a universal money app that allows members to earn rewards on purchase while also letting you add a bank account, invest in stocks and easily send/receive money with friends and family… Download Cashapp to do more with your money now!

Want to save money on insurance?

Finally, most Americans are wasting up to $500 every year on their auto insurance…

While you need to have car insurance at all times, most people don’t know just how easy it is to search for the most affordable rates online and make a switch to cheaper auto insurance fast and easy!

Insurance shopping can seem daunting, but not with our friends at Select My Policy…

Select My Policy takes all of the hard work, research and confusing industry tricks out of the process for you. They match drivers with companies that have helped people save up to $500 or more per year when they switch!

It’s definitely worth taking two minutes out of your day to see how much you can save. This is probably one of the fastest and easiest ways to save $500 or more this year! 

Getting started is easy. Just enter your zip code here. 

EXTRA TIP: If you also want to make extra cash from your car, check out this amazing offer from Stickr. Believe it or not, they’ll pay you to place cool advertisements on your car!

Want to earn some cash just for driving around without having to give strangers a ride? START MAKING MONEY with Stickr Today!

Are you enjoying these first-time homebuyer recommendations from us?

Sign up here for more home buyer information and resources. Act now and you’ll also earn 100 FREE Approach Points — no strings attached.

Advertising Disclosure: We may receive compensation from the products and services mentioned on this page that examines ways to fight inflation. But the opinions expressed are our own.