Mortgage Tips for First-Time Homebuyers

The home-buying process can be very daunting and imitidating. To uncomplicated the process, it is important to be prepared. Due to the recent housing burst, lending standards are more stringent so the preparation can save you valuable time. Amongst the tips are to make sure you have your finances in order before starting to search for homes, get pre-approved, have all financial documents available, and be prepared to pay for closing costs. Read the full article here:  http://www.foxbusiness.com/personal-finance/2013/01/24/mortgage-tips-for-first-time-homebuyers/