4 Steps to Buying Your Dream Home

keys to a home

Subject Matter Expert: Jason Kaufman – Milwaukee District Manager

Many people dream of buying a home, but not everyone knows how to make it reality. Take the guessing out of the process with these simple steps.

  1. Understand Your Credit Score
    This step may seem simple, but it is often (and easily) overlooked. Start your home buying process by checking and understanding your credit score. Don’t have credit or need to improve your score? Take advantage of Marine’s new ‘Get Credit’ program.
  2. Create a Budget
    Once you understand your credit score, it’s time to think about your budget. Meet with a member of our team early on to have your debt-to-income ratio (DTI) calculated professionally. We’re here to help you create a budget and keep your finances in good shape.
  3. Save for a Down Payment
    If you haven’t already, start saving money. A down payment typically ranges from 3–20% (the higher, the better). Consider creating a savings account just for “house money.” Also consider automatically depositing a percentage of each paycheck into this special account for easy, routine saving.
  4. Contact a Marine Lender
    Let our team of experts help you along the way. Even if your credit isn’t perfect, we can match you with home loan options and terms that fit your life.

Tell us about yourself and your homeownership goals. We’re happy to help!

Related Posts

December 19, 2023
10 Steps for First-time Homebuyers: The Home Buying Process

Buying a home is a big milestone in many people’s lives. But especially for first-time homebuyers, understanding how to buy a house can be overwhelming…

Read More
November 30, 2022
Is it Cheaper to Build or Buy a House?

Whether you're a first-time homebuyer or a current homeowner dreaming of a new abode, you may have visions of owning wide open space full of…

Read More
October 17, 2022
The Basics of Buying Land: 6 Steps to Ownership

A lot of people dream of staking claim to their own piece of land. The open space comes with all sorts of possibility, giving you…

Read More