Buying a first home is an exciting, unforgettable experience for many people. However, before moving into a first place, you have to work out the financial aspects of the transaction. You need to decide how much money you want to put down on your home and how much cash you need to borrow. You also need to find a reputable mortgage lender to work with. Depending on how large of a monthly payment you can afford each month, you may be interested in taking out a 15 or a 30 year mortgage. On this blog, I hope you will discover tips and advice for financially preparing yourself to buy a home.