1. Check your credit score. Get your credit history in order before beginning the home buying process.  Online credit agencies such as freecreditreport.com or truecredit.com allow consumers to check their credit without generating an inquiry, which can adverse effects on your credit score. Additionally, if there are inaccuracies on your credit report it is important to have them resolved before applying for a mortgage. 
 
2. Develop a monthly budget based on your income and expenses so that you can determine what is realistically affordable in terms of a mortgage payment.  Our online calculator on our website allows you play around with loan amounts and interest rates to provide “what-if” analysis so that you are aware of what you can afford and other implications.  
 
3. Needs vs. Wants: What features do you need in a new home versus what you want?  Don't make an emotional decision, make a financial one. 

4. Take time to learn important terms and understand their meaning.  This is especially true when dealing with the implications of an adjustable rate mortgage, understanding prepayment penalties, and understanding the property assessments. 
 
5. Learn about the various types of mortgage packages. Figure out, with your mortgage planner, what type of mortgage is best for you. 
 
6. Get pre-qualified so you are aware of what you can afford as well as prepared to seriously consider real estate options. 
 
7. Visit as many homes as possible and decide on the house you are interested in based on your approved loan amount. 
 
8. Work interactively with your mortgage planner and be accessible to him/her in order to secure the loan.