• Be realistic. Buy a house for your pleasure, not to make others jealous
  • Bigger down payment improves the chances of application acceptance and better negotiation
  • Negotiate administration costs
  • Always inquire about penalties and hidden costs
  • Inquire about additional benefits from the lender if you go with them for a mortgage
  • Pay your mortgage bi-weekly, or weekly if you could, to save interest and expedite payoff
  • Increase your payment amount if possible. A little as $15 a month can takes years off the principle
  • Don’t get lured into unnecessary loans, no matter how cheap. Don’ t take useless credit
  • Maintain a good credit to avail better interest rates
  • Don’t co-sign a loan application- it could haunt you for life
  • Pay your bills on time
  • Don’t go over your credit card or Line of Credit limits
  • Don’t apply for too much credit in a short span
  • If you must need credit, try to get a Line of Credit as opposed to credit card

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