Top 10 Mortgage Mistakes Should Avoid as A Homebuyer 

Not Shopping Around 

Compare offers from different lenders to find the best deal.

1

Not Understanding Mortgage Terms 

Understand the loan's interest rate, fees, and payment terms.offers from different lenders to find the best deal.

2

Not Getting  Pre-Approved 

Getting pre-approved helps you know how much you can afford.

3

Taking on Too  Much Debt 

Avoid taking on additional debt before or during the mortgage process.

4

Making Big Purchases Before Closing 

Lenders may check your credit again before closing, so avoid major purchases.

5

Not Saving Enough for Closing Costs 

Closing costs can be expensive, so make sure you have enough saved.

6

Choosing the  Wrong Loan 

Choose the loan that best fits your financial situation and goals.

7

Not Paying Attention to Credit Score 

Your credit score affects your interest rate, so keep it in good shape.

8

Ignoring the Down Payment

A larger down payment can help you secure a lower interest rate. 

9

Forgetting About Home Maintenance Costs 

Budget for maintenance costs to avoid unexpected expenses.

10

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