Albert Cook

If you’re thinking about buying a home, you’ll quickly find that there are several ways for you to finance your purchase. While weighing your options, you’ll need to consider whether you’ll take out a government-backed loan - like those offered by the Federal Housing Administration (FHA) and Veteran’s Affairs (VA) - or if you’ll stick with a conventional loan.

As a first-time homebuyer, the process of buying a home can be thrilling — but also confusing and difficult at points. Luckily, specific mortgage products, such as the FHA loan, are designed with first-time homebuyers in mind.

Have you recently asked yourself, “Am I ready to buy a house?” If so, you certainly aren’t alone. Learn the 8 steps to decide if you're ready to be a homeowner