Before you start shopping for your dream home, it's a good idea to make some preparations.

1. Build your green file
   A green file contains all your important financial documents. You'll need it to secure financing for your home. The typical green file should contain:
   • Financial statements
   • Bank accounts
   • Investments
   • Credit card
   • Auto loans
   • Recent pay stubs
   • Tax returns for two years
2. Check your credit rating
   Your credit score will have a huge impact on what type of home you can buy, and at what price. Anything above 620 is considered good. A premium interest rate may mean a lower interest rate on your mortgage. Check your credit rating with a credit reporting agency such as:
   
   Equifax, Experian or Trans Union
3. Be Careful With Your Finances
   Now is not a good time to make sudden career changes or large purchases. You want to approach home buying from a position of financial stability. For more information and for any additional questions, please feel free to contact me at any time.