I’m single with 83k annual income, 776 credit score with very low debt but not enough savings for down payment. Interest rate is still too high to comfortably afford a home. But this is a very informative and helpful video. Thanks Nicole
I started saving in last year, so I am proud that my dream of owning my own home will come true soon. I'm also keeping track of credit score and paying off my debts to increase it. Hoping to increase it to over 750 within this year. I've come a long way and your video gives me hope.
the first minute of the intro sums it up. I hit each one and was able to buy on a single income.. according to my lender, I was the model borrower and they were going above and beyond to make sure I got the home I wanted. I got my home during the 2021 craziness and it was due to the loan officer that was handling my loan getting in contact with seller's agent and letting know my solid situation.
I am so happy that you watched and took the time to share your success story! This is the inspiration that others watching need to see. 🎉 Props to you for having your finances in tip-top shape but also I LOVE that your loan officer took the time to get in contact with the seller’s agent to put in a good word for you. Those small things can make a BIG difference!
Fix my credit first step. But i definitely wanted a placed for my daughter to grow up in. She bout to Be 8 an im trynna do better for her a myself. We deserve it 💙
This video is a 💯plus! This year 2024 will be my first towards purchasing a Condo as a single person by the spring or fall. I worked on my credit, savings and no debt. I’m ready to manifest my dream. Thank you so much Nicole I’m a new subscriber to your channel. Your presentation and info is amazing…💜💜💜👍🏽
I'm a sahm with my husband working full time. We have worked on our credit. Now we have to work on lowering our debts. We don't have a ton but we want to get it lower. Then we are gonna save up for a down payment and get pre-approved.
Last year I worked on paying off all revolving credit debt and boosting my credit to over 750. This year my goal is to increase my savings so that I have more saved for purchasing my first home!
I enjoy watching your videos. I finally decided to buy a house again with the intention on moving in by Christmas 2024. This information is very helpful. Thank you!
@@NicoleNark Hello again! I am working on building up my down payment in one savings account. My funds are divided over multiple accounts as not to rely on one entity. Thank you for asking !
The fact I just seen this I was getting rejected due to debt and credit not matching the amount of money realtor notified me that I needed a 640 and I’m a single individual it felt impossible but this information was needed! Now I won’t stop till I’m pre-approved with one income debt free with work history sliced by end of the year.
I was curious because we are a single earner household and were recently given a USDA RD 502 loan and we’re shopping now. I’m gonna watch your 10 steps video next. Happy new year!
Happy New Year! Congrats on your pre-approval. Please feel free to comment with any questions you have about the process! This is a safe space and I’ll always do my best to help☺️
Thanks for the motivation and the push, given your guidelines (in this and other videos) I have started looking at open houses and intend to buy my first house in next 3-6 months.
I'm 20 years old with some money saved up but am being pushed to move in September- November, and I'm looking at arkansas! I'm really over whelmed with this all but your videos are helping me manage it all
I've opened up a savings account and getting a 2nd job to contribute to it. I've improved my credit by 50 pts by running my credit and finding mistakes and paid off a credit card.
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
Detailed and informative. I'm like just poured a bucket of iced water. Why I got to spot your videos just now. Unfortunately, Im already 55 Nicole, I have low income, How can I buy a house on a single income we have a joint filing income tax with my husband who's earning much as RN. We have not much savings, he seem ok with apartment renting and I worry much with the future when we both get old. I wanted to have our own place because I dont want to end up in nursing home.
I love that book! I am preparing to buy a home this year. I moved to a rural town and am having to start all over. I've been looking into the USDA loans.
Already on it… paying off all CC debt and got a second job to help speed up this process… no car loan. Then saving $$ for a down payment Goal is to be in a house before my son starts highschool-3 years.
Recieving my USDA loan for living in a rural area, Delta, Utah. I own, have an acre to work with currently. Then we can do yoga and eat well and watch the night sky thru the homes skylights. I live in a USDA rural multi family housing deveopment currently. Located a few miles from my small business of yoga and massage instruction and application.
I’m planing on finishing off my car loan early next year and then save up for a down payment on a house. Hopefully by 2026 we’ll be able to move into our first home.
My husband and I have one income and four littles. We have great credit score, a little debt, and some savings toward a down payment. We will be first time home buyers. Hoping to secure a home this year. It is really daunting once you start calculating all the fees involved. My husband is of the belief that we need a 20% down to purchase but we are not yet there. How would you help someone who thinks that is the only way?
Great question! Honestly I think it would be beneficial for you and your husband to have a conversation with a lender. Explain your finances and even without filling out a whole application, lenders can walk through some options with you so that you can determine together whether waiting to save up more money or buying sooner would be the best fit for your family! ☺️
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
I'm not sure I need cheerleading so much as I need to ask a question about my motivation. I feel that I need a house so that I don't have to pay rent after I retire, whenever that may be. I want a roof over my head that won't vanish when I'm no longer earning. My question is: is this a reasonable motivation? Is this a valid benefit to home ownership to function as a motivation?
Thanks for sharing! Honestly, I think that’s an incredible motivation. Not having to pay rent will offer you more peace of mind and financial security! ☺️
My first action step, is to continue to pay off my car this year. I started putting money into a saving account for a down payment. Once I am done paying my car off this year I would like to work on paying off 2/3 credit cards in 2024
I’ve been working on paying down my debts since September of last year. I paid off all of my credit cards the first check of this year, and will pay my car and a personal loan off March 15! Student loan May 1, I’m wanting to get pre approved soon but I’m thinking maybe I should wait one more year, though I could save a ton of money buying a house vs renting as a monthly standpoint so it’s kinda difficult for me to stick to one thing. Do I apply or do I wait??
Wow sounds like you have made some awesome financial decisions! It wouldn’t hurt to talk to a lender. Most lenders are really good at discussing options with you without having to fill out an application. Having that conversation may help you get an understanding of monthly payments and help you make a decision on timeline! ☺️
I am presently a retired physician, could go back to work. I own two houses, fully paid off, we're talking about $700K. I also bought a piece of property that is currently over $300K appraised as well. I want to build a $200-$300K house on it. I take in $2500/month from SS and $3500 from my stocks/month. I pay $1340/month rent currently and no other debt. Was told I wouldn't get a loan as my debt to income ratio was too high. I can't see why I have these assets and money coming in from my retirement money and fully paid two other houses the girl said I would be turned down for a $300K loan???? I have 730 credit score.
Also here, just curious because we(I am) single earner in my family, in the service looking to get a house for my family. I have not applied yet for what I may approve for. What’s your advice
Check out my debt to income video if you haven’t already! It will help you understand how likely you are to be approved and also how much you may be pre-approved for. That’s really the best step you can take before actually applying and having your credit pulled!
Hey Nicole Thank you so much for these information I just got pre approved Can I send you a copy of the pre approval document by my lender I just need a second opinion if to go with the lender or not. I will appreciate your response Thanks again
Hello Nicole, thank you so much for the valuable information in this video. Hopefully you can see my question. I'd like to apply for a USDA loan. My wife is currently not working but will in the near future. Should she be part of the loan application even though she currently has no income? Her credit score is better than mine. Thank you
awsome info, looking forward to buying on a single income. We have been blessed we actually purchased our first home cash. About 3 yrs ago. We are getting ready to rent the property. Know we are looking foward to building our dream home at a paid off Land.
I am nearing retirement and my time is running out for buying a home while I still have my modest income. I have no debt, 847 FICO score, savings and investments. However I live in an area where homes run from 1 million and up to $40 million. Most people have incomes in the $100,000 to$250,000 range. Notice I said incomes. Lots of millionaires and billionaires live in this area so it’s hard to compete. Nevertheless I’ll keep searching for something affordable, look into down payment assistance programs and apply for an FHA loan. I’ve already been approved for a loan but can’t find anything in my price point. If I continue to rent I’ll be priced out of the rental market due to annual rent increases.
In my opinion, buying down your interest rate only makes sense if you plan on living in the home for a while and don't have any other use for the money required to do so. Really the only other way to reduce the monthly mortgage payment is by putting more money down. The larger your down payment is, the less you will be financing!
Not sure if you will see my comment. My mother gifted my sister and I land. We would loved to be able to build a house there, but I am terrified of the whole process. It seems much easier to just purchase a house. Especially considering all that can go wrong. Any tips for someone who already owns the land?
Hey there! I'll be honest, it is much easier to buy a house than to build a house. If the land is owned outright and you do not have any loans on the land, I'd still advise you speak with a builder. Look for a custom home builder in your area and set up an appointment! That is really going to be the best way to determine whether building is going to be feasible for you!
As a recently divorced single mom. I was able to move back in with parents, save over 10k in 5 months and will be doubling that per month in 2024. I make 55k in Louisiana and a 3-4 bed new constructionhouse is 215k-259k in my parish. That doesn't include my yearly 5% rainse that goes in effect February 2024. I have 720 credit with no collections or late payments, truck paid off, & credit cards 0 balance. The median income in my parish 62k & thats for 2 income family. I do qualify for the new student loan forgiveness plan that goes into effect this February. If that works out I won't have to pay 25k in student loans. I can go straight to saving for a home. My parents let my 2yr old and I live here free They are empty nesters with 3 extra rooms who doesnt mind❤. I only pay my 5 bills and necessities totaling less than 1k a month. My goal is to save 100k or more to buy in 2025. That way, I can have my 20%, pay for any upgrades I want, buy new funiture afterwards, & still have a large savings without depleting everything for any emergencies.
This year I want to have the credentials of even getting a home: I want to have the ability and everything checked off the boxes to get a house so next year i’m able to look for one. I recently graduated college and i have student debt. Would the steps to getting the house change because of this?
The steps are largely the same! Keep in mind that if you get a job in a related field to what you studied that your schooling can count for work experience so you wouldn’t need to wait a full two years to get job history
@@NicoleNark Thank you for responding! I actually studied acting and got a bachelor’s in it. How can i be able to have a house with a lot of student debt? And what would i need to have to get all the list of things to get a house checked off?
@@kenderly-labissiere3028 get on an income based repayment plan for your loan! The required payment for the income based plan will likely be manageable. If you don’t do that, lenders are going to allocate you paying 1% of your student loan balance every month! That alone can impact your ability to qualify for a loan!
If you are wanting something brand new, I’d advise talking with a few manufactured home companies. Most of them have partnerships set up with different lenders that can help finance the purchase of the lot, transportation and home itself. 🏠
In a perfect world you wouldn’t change jobs while under contract. If you do, they will need to re-verify your employment and income. I’d advise speaking with your lender about what they will require of you regarding documentation ☺️
Hi,just came across your video and I'm hoping you can help us too. I've been trying to get help with the first time home buyers program for those with low-income but find anyone, I've recently became guardian of my autistic granddaughter after losing my daughter her mom but can't seem to get any help we live in the state of Illinois. Please if you can or know how I can obtain help let me know. Thank you and GOD BLESS
@@NicoleNark hey ,THANK YOU SO MUCH; I was wondering if you had a business number as I don't want my personal info out in the public if not I'll have to chance it. Thanks
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I’m single with 83k annual income, 776 credit score with very low debt but not enough savings for down payment. Interest rate is still too high to comfortably afford a home. But this is a very informative and helpful video. Thanks Nicole
I started saving in last year, so I am proud that my dream of owning my own home will come true soon. I'm also keeping track of credit score and paying off my debts to increase it. Hoping to increase it to over 750 within this year. I've come a long way and your video gives me hope.
Great job, Julie! 🎉 sounds like you will be in great financial shape when you start the process!
the first minute of the intro sums it up. I hit each one and was able to buy on a single income.. according to my lender, I was the model borrower and they were going above and beyond to make sure I got the home I wanted. I got my home during the 2021 craziness and it was due to the loan officer that was handling my loan getting in contact with seller's agent and letting know my solid situation.
I am so happy that you watched and took the time to share your success story! This is the inspiration that others watching need to see. 🎉 Props to you for having your finances in tip-top shape but also I LOVE that your loan officer took the time to get in contact with the seller’s agent to put in a good word for you. Those small things can make a BIG difference!
Fix my credit first step. But i definitely wanted a placed for my daughter to grow up in. She bout to Be 8 an im trynna do better for her a myself. We deserve it 💙
This video is a 💯plus! This year 2024 will be my first towards purchasing a Condo as a single person by the spring or fall. I worked on my credit, savings and no debt. I’m ready to manifest my dream. Thank you so much Nicole I’m a new subscriber to your channel. Your presentation and info is amazing…💜💜💜👍🏽
Thank you for the kind words Cynthia! 🥰 I have a feeling 2024 is going to be a good year for you!
Much success with purchasing your condo 😁👍🏼
I'm a sahm with my husband working full time. We have worked on our credit. Now we have to work on lowering our debts. We don't have a ton but we want to get it lower. Then we are gonna save up for a down payment and get pre-approved.
Last year I worked on paying off all revolving credit debt and boosting my credit to over 750. This year my goal is to increase my savings so that I have more saved for purchasing my first home!
👏🏻 you are making moves! Having excellent credit so going to help you SO much when you start applying for loans!
Working on my credit to a 640-700 so I can get a better interest rate. I don’t want to settle - I want the best for my kids 😊
You got this! Improving your credit is an essential step to buying ☺️
I enjoy watching your videos. I finally decided to buy a house again with the intention on moving in by Christmas 2024. This information is very helpful. Thank you!
That is awesome! 🎉 What will you be working on between now and Christmas 2024 in order to achieve that goal?
@@NicoleNark Hello again! I am working on building up my down payment in one savings account. My funds are divided over multiple accounts as not to rely on one entity. Thank you for asking !
The fact I just seen this I
was getting rejected due to debt and credit not matching the amount of money realtor notified me that I needed a 640 and I’m a single individual it felt impossible but this information was needed! Now I won’t stop till I’m pre-approved with one income debt free with work history sliced by end of the year.
I was curious because we are a single earner household and were recently given a USDA RD 502 loan and we’re shopping now. I’m gonna watch your 10 steps video next. Happy new year!
Happy New Year! Congrats on your pre-approval. Please feel free to comment with any questions you have about the process! This is a safe space and I’ll always do my best to help☺️
You are an inspiration!! So grateful for your videos… keep shining
Thanks for being so kind Silvia! 🥰 I appreciate you taking the time to watch and am glad you like the videos.
Thanks for the motivation and the push, given your guidelines (in this and other videos) I have started looking at open houses and intend to buy my first house in next 3-6 months.
I'm 20 years old with some money saved up but am being pushed to move in September- November, and I'm looking at arkansas! I'm really over whelmed with this all but your videos are helping me manage it all
Oh nice, maybe we can work together...I have a house in Arkansas for sale
What step are YOU taking this year to bring you closer to home buying? 👀🎉🏠
I've opened up a savings account and getting a 2nd job to contribute to it. I've improved my credit by 50 pts by running my credit and finding mistakes and paid off a credit card.
That’s awesome!! You are well on your way Angie! 🙂
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
Im a single mom and I just made an offer on a condo.😊
How exciting! I’m wishing you the absolute best 🎉🥰
Love the video and I will be saving for my down payment and closing cost. I have the credit and low debt just need assets.
Thank you so much! Sounds like you have a great plan. Having the credit and debts taken care of is huge in itself! 😊
i am going to start saving money towards my down payment beginning february 1st and hope to have enough saved by or before end of 2024.
Great plan, Sonya! ☺️
I'm currently working on paying off my debts and also trying to figure out the best budget for myself and money saving habits
Im going to save more money, create a healthy emergency fund and save a significant amount money towards my first home! 🎉
Those are some big goals! I’m sure you will be successful if you stick with it ☺️
Live one more year w/ my parents, save, and continue investing 🙏🏼
Sounds like a winning trio to me! You’ve got this! 👏
Make sure you build your credit while living with your parents
I’m going to start saving this year!!!
Nice! 🎉
Detailed and informative. I'm like just poured a bucket of iced water. Why I got to spot your videos just now. Unfortunately, Im already 55 Nicole, I have low income, How can I buy a house on a single income we have a joint filing income tax with my husband who's earning much as RN. We have not much savings, he seem ok with apartment renting and I worry much with the future when we both get old. I wanted to have our own place because I dont want to end up in nursing home.
I have started working on my credit to get me closer to the 700's. Thanks for all the info!!!!
You are so welcome! 🎉
I love that book! I am preparing to buy a home this year. I moved to a rural town and am having to start all over. I've been looking into the USDA loans.
You can do it! The USDA loan is an awesome option if the area you are interested in qualifies!
Saving.
Thank You🧠
Will share soon.
Already on it… paying off all CC debt and got a second job to help speed up this process… no car loan. Then saving $$ for a down payment
Goal is to be in a house before my son starts highschool-3 years.
Sounds like you’ve got a plan in action! ☺️🎉
Recieving my USDA loan for living in a rural area, Delta, Utah. I own, have an acre to work with currently. Then we can do yoga and eat well and watch the night sky thru the homes skylights.
I live in a USDA rural multi family housing deveopment currently. Located a few miles from my small business of yoga and massage instruction and application.
I’m planing on finishing off my car loan early next year and then save up for a down payment on a house. Hopefully by 2026 we’ll be able to move into our first home.
My husband and I have one income and four littles. We have great credit score, a little debt, and some savings toward a down payment. We will be first time home buyers. Hoping to secure a home this year. It is really daunting once you start calculating all the fees involved. My husband is of the belief that we need a 20% down to purchase but we are not yet there. How would you help someone who thinks that is the only way?
Great question! Honestly I think it would be beneficial for you and your husband to have a conversation with a lender. Explain your finances and even without filling out a whole application, lenders can walk through some options with you so that you can determine together whether waiting to save up more money or buying sooner would be the best fit for your family! ☺️
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
Very nice ❤❤
Hey Nicole, whats your advice and step by step guide for college graduates wanting to buy a house to stop living with their parents
it's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through and advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving, a great wealth managers will always make return.
I'm not sure I need cheerleading so much as I need to ask a question about my motivation. I feel that I need a house so that I don't have to pay rent after I retire, whenever that may be. I want a roof over my head that won't vanish when I'm no longer earning. My question is: is this a reasonable motivation? Is this a valid benefit to home ownership to function as a motivation?
Thanks for sharing! Honestly, I think that’s an incredible motivation. Not having to pay rent will offer you more peace of mind and financial security! ☺️
You also have to factor in inflation. What people pay for their mortgages starting 10 years ago are what people pay in rent today.
My first action step, is to continue to pay off my car this year. I started putting money into a saving account for a down payment. Once I am done paying my car off this year I would like to work on paying off 2/3 credit cards in 2024
It all starts with the first step!! Keep your eye on the goal and you’ll make it, I’m sure! ☺️
How to boost you credit score fast,? I don't have huge a lot of debt. I have only 1 credit card a
And 2 things on my credit
I’ve been working on paying down my debts since September of last year. I paid off all of my credit cards the first check of this year, and will pay my car and a personal loan off March 15! Student loan May 1, I’m wanting to get pre approved soon but I’m thinking maybe I should wait one more year, though I could save a ton of money buying a house vs renting as a monthly standpoint so it’s kinda difficult for me to stick to one thing. Do I apply or do I wait??
Wow sounds like you have made some awesome financial decisions! It wouldn’t hurt to talk to a lender. Most lenders are really good at discussing options with you without having to fill out an application. Having that conversation may help you get an understanding of monthly payments and help you make a decision on timeline! ☺️
I am presently a retired physician, could go back to work. I own two houses, fully paid off, we're talking about $700K. I also bought a piece of property that is currently over $300K appraised as well. I want to build a $200-$300K house on it. I take in $2500/month from SS and $3500 from my stocks/month. I pay $1340/month rent currently and no other debt. Was told I wouldn't get a loan as my debt to income ratio was too high. I can't see why I have these assets and money coming in from my retirement money and fully paid two other houses the girl said I would be turned down for a $300K loan???? I have 730 credit score.
Also here, just curious because we(I am) single earner in my family, in the service looking to get a house for my family. I have not applied yet for what I may approve for. What’s your advice
Check out my debt to income video if you haven’t already! It will help you understand how likely you are to be approved and also how much you may be pre-approved for. That’s really the best step you can take before actually applying and having your credit pulled!
Hey Nicole
Thank you so much for these information
I just got pre approved
Can I send you a copy of the pre approval document by my lender
I just need a second opinion if to go with the lender or not.
I will appreciate your response
Thanks again
Hello Nicole, thank you so much for the valuable information in this video. Hopefully you can see my question. I'd like to apply for a USDA loan. My wife is currently not working but will in the near future. Should she be part of the loan application even though she currently has no income? Her credit score is better than mine. Thank you
Hi Nicole, can you recommend a good real estate agent who is familiar with the Forest hills neighborhood in Queens New York? Thank you.
Forrest hills, you must have deep pockets 😮
Absolutely! Please reach out to me via the info in the description and I’ll get you connected ☺️
I need a house so my two little daughter can have they back yard to play
awsome info, looking forward to buying on a single income. We have been blessed we actually purchased our first home cash. About 3 yrs ago. We are getting ready to rent the property. Know we are looking foward to building our dream home at a paid off Land.
Would it be possible for you to do a video on buying a house with a hud voucher, and benefits/risk and all?
Buying with a hud voucher is not a process that I am super familiar with. Nevertheless I will do some research and see what I can do!
This year I plan to be save more money.
That's a great plan! Do you have a dollar amount that you are going to work towards?
I am nearing retirement and my time is running out for buying a home while I still have my modest income. I have no debt, 847 FICO score, savings and investments. However I live in an area where homes run from 1 million and up to $40 million. Most people have incomes in the $100,000 to$250,000 range. Notice I said incomes. Lots of millionaires and billionaires live in this area so it’s hard to compete. Nevertheless I’ll keep searching for something affordable, look into down payment assistance programs and apply for an FHA loan. I’ve already been approved for a loan but can’t find anything in my price point. If I continue to rent I’ll be priced out of the rental market due to annual rent increases.
Do u have any advice on how to lower mortgage payment and interest and how to go about it? Please advise, thank you.
In my opinion, buying down your interest rate only makes sense if you plan on living in the home for a while and don't have any other use for the money required to do so. Really the only other way to reduce the monthly mortgage payment is by putting more money down. The larger your down payment is, the less you will be financing!
Not sure if you will see my comment. My mother gifted my sister and I land. We would loved to be able to build a house there, but I am terrified of the whole process. It seems much easier to just purchase a house. Especially considering all that can go wrong. Any tips for someone who already owns the land?
Hey there! I'll be honest, it is much easier to buy a house than to build a house. If the land is owned outright and you do not have any loans on the land, I'd still advise you speak with a builder. Look for a custom home builder in your area and set up an appointment! That is really going to be the best way to determine whether building is going to be feasible for you!
Already preapproved…… own the land outright, looking for grants for down payment assistance.
We are going to buy a house in 2024 our lease expires in May so on the month of May we will be doing the closing, that’s the goal.
That’s awesome Marlene! ☺️ When are you planning on starting the loan pre-approval process?
As a recently divorced single mom. I was able to move back in with parents, save over 10k in 5 months and will be doubling that per month in 2024. I make 55k in Louisiana and a 3-4 bed new constructionhouse is 215k-259k in my parish. That doesn't include my yearly 5% rainse that goes in effect February 2024. I have 720 credit with no collections or late payments, truck paid off, & credit cards 0 balance. The median income in my parish 62k & thats for 2 income family. I do qualify for the new student loan forgiveness plan that goes into effect this February. If that works out I won't have to pay 25k in student loans. I can go straight to saving for a home. My parents let my 2yr old and I live here free They are empty nesters with 3 extra rooms who doesnt mind❤. I only pay my 5 bills and necessities totaling less than 1k a month. My goal is to save 100k or more to buy in 2025. That way, I can have my 20%, pay for any upgrades I want, buy new funiture afterwards, & still have a large savings without depleting everything for any emergencies.
Girl it sounds like you have a game plan and I am HERE for it! 🎉🙌 You and your baby are gonna have your own home in no time!
Fix my credit! 🎉
Yes, girl! 🎉
Are you licensed in Tennessee?
This year I want to have the credentials of even getting a home: I want to have the ability and everything checked off the boxes to get a house so next year i’m able to look for one. I recently graduated college and i have student debt. Would the steps to getting the house change because of this?
The steps are largely the same! Keep in mind that if you get a job in a related field to what you studied that your schooling can count for work experience so you wouldn’t need to wait a full two years to get job history
@@NicoleNark Thank you for responding! I actually studied acting and got a bachelor’s in it. How can i be able to have a house with a lot of student debt? And what would i need to have to get all the list of things to get a house checked off?
@@kenderly-labissiere3028 get on an income based repayment plan for your loan! The required payment for the income based plan will likely be manageable. If you don’t do that, lenders are going to allocate you paying 1% of your student loan balance every month! That alone can impact your ability to qualify for a loan!
I want to buy a manufacturer home with new construction with USDA. What are the steps to take? Cs is good.
If you are wanting something brand new, I’d advise talking with a few manufactured home companies. Most of them have partnerships set up with different lenders that can help finance the purchase of the lot, transportation and home itself. 🏠
@@NicoleNark That's good to know. Tysm and happy new year. 🎉
@@jamaicanblackqueen happy new year to you as well! 🎉
Credit ✅ DTI ✅ deposit ⬜... New construction coming soon 😀
what is the definition of first time home buyer
Someone who has never bought a home OR who has not held title for a home in the last 3 years.
What happens when you change jobs, increasing your income, before closing? Do they have to get you re-pre approved?
In a perfect world you wouldn’t change jobs while under contract. If you do, they will need to re-verify your employment and income. I’d advise speaking with your lender about what they will require of you regarding documentation ☺️
are you working with buyers in little rock Arkansas
Yes! Please contact me with the link in the description ☺️
Hi,just came across your video and I'm hoping you can help us too. I've been trying to get help with the first time home buyers program for those with low-income but find anyone, I've recently became guardian of my autistic granddaughter after losing my daughter her mom but can't seem to get any help we live in the state of Illinois. Please if you can or know how I can obtain help let me know. Thank you and GOD BLESS
Hey there! Feel free to send me an email and I’ll get you connected with some resources
@@NicoleNark hey ,THANK YOU SO MUCH; I was wondering if you had a business number as I don't want my personal info out in the public if not I'll have to chance it. Thanks
Save for my down payment..single parent
You’ve got this! 👏 Are you going to try and cut back on your spending somewhere in order to save more?
Actionable step = Saving up enough money for my downpayment 👍
You’ve got this! 🎉 Do you have a down payment percentage you are working towards?
@@NicoleNark not at the moment
I am a single women and will never get married so I will be buying on a single income
Pay off my car note this year and save for a new home
Paying off your car will be a BIG move! By doing that you are freeing up more income that can be used for your home! 👏🏻
Deposit more money into savings accounts to have a bigger down payment once I purchase my new home that I will enjoy living in. Amen Hallelujah
Sounds like a great plan to me! 🙌