homebuyerhq
Back to plan

phase 01

know your numbers.

Get clear on your real starting point before picking a lender, loan, grant, or price. Credit, debts, and what you can actually afford.

0 of 0 in your plan complete · 13 possible moves

more moves in this phase

Not everyone needs these. Add one when it's the actual next move.

  • Pull your real mortgage FICO scores
  • Pull all 3 credit reports
  • Compare the 3 reports side by side
  • Flag anything wrong, unfamiliar, duplicated, or outdated
  • Review the last 24 months for late payments or major negatives
  • Calculate utilization on each credit card
  • Identify which revolving accounts are hurting you most
  • List every monthly payment a lender will count as debt
  • Calculate your current DTI
  • Estimate what a lender may approve you for
  • Set the monthly housing payment you'd actually be comfortable with
  • Compare 'lender approval' to 'comfortable payment'
  • Name your primary blocker: credit, DTI, cash, or unknown data