Home Buyer Checklist

Check your credit score

Aim for 620+ (conventional) or 580+ (FHA). Get free reports at AnnualCreditReport.com.

Save for down payment

Typically 3–20% of home price. FHA requires 3.5%, conventional as low as 3%.

Save for closing costs

Budget 2–5% of loan amount for closing costs.

Gather financial documents

W-2s, pay stubs, tax returns (2 years), bank statements, ID.

Pay down existing debt

Lenders prefer debt-to-income ratio below 43%.