4 Steps to Get a Home Loan- Steps 1-2

All rights reserved, Erik Ost, B Arch, www.plan.house
Getting your house in order just might get you into a new home.
Getting a home loan can be a daunting task for some. An old joke illustrates a helpful mindset to adopt.

Q: How do you eat an elephant?
A: One bit at a time.

Do not be overwhelmed by the number of resources below. Just pick and chose a few that most interest you right now. Later, chose resources corresponding to the next step you are taking. Gradually setting yourself up for successfully getting the finances for the home you are dreaming of and knowing you can achieve this highlight of your life.
Owning a home can be a great way to accumulate wealth in the U.S., but the barrier to entry is steep, especially now. Here are helpful some links. You may not want to read it all but select one or two from each step to sharpen your financial skills.

Step 1. Financial/Budgeting

Forbes Magazine's 50-20-30 Rule How to split up your money to work for you.

Dave Ramsey Financial Guru 

Intuit Mint- Manage your money online

Suze Orman- Empower yourself to take control of your future.

Clark Howard- helps you avoid the gotchas in the world of finances.


Step 2. Credit Report

Free Annual Credit Report Authorized by Federal Trade Commission

Federal Trade Commission Things you should know about your credit reports.

Credit Karma Free credit reports and monitoring, tools, and education.

Continue to Step 3 of 4 Steps to Get a Home Loan.