08/31/2026
Here are Top 3 mistakes to avoid when you are trying to buy a new home
Avoiding these mistakes will save you a lot of money and heartache
First, Buying an expensive car, high payments affect your debt to income ratio and high debt to income ratio can disqualify you for a home loan.
Second, Co-sign for someone’s debt, any debt under your name will impact your debt to income ratio.
Third, Do not quit or change your job in the process of buying a new home.
In most of the loan programs you need to show 2 years of work history to qualify for a home loan.
CTA: Let me know in the comments which mistake you are planning to avoid.