4 Steps to Budgeting for Homebuyer

If you're in debt but want to buy a home, it's possible with careful budgeting. Start by tracking your expenses to identify areas to cut back. Save the extra money in an emergency fund, ideally at least $1,000. Once you have this fund, focus on paying down debt to improve your credit score. Consider zero down home loans or low down payment options like a 1% Down Conventional Loan or FHA loans with down payment assistance. Remember, budgeting should be seen as a guide to financial stability, not a restriction.