(happy, bouncy music)
-: Hi, I'm David.
This is the lady with all the answers.
I'm talking about Katy, loan originator
from Wright-Patt Credit Union.
Katy, let's talk about a checklist.
A checklist of things that people should do
before they buy a house or while they're just
thinking about buying a house.
-: Right, there's definitely steps
you can take to prepare yourself to buy a home.
And Wright-Patt Credit Union's here
to walk you through that process.
-: Okay, so what would be
the very first thing on the checklist?
-: One thing we usually suggest is to know your credit,
know what's on your credit, know if there's anything
that you can do to build your credit score before you apply.
Because if you have a higher credit score,
you can sometimes get a lower interest rate
on your mortgage.
-: Okay, let me take a guess.
What about saving money?
-: Yes, it's a great idea to save money.
You may need it for a down payment,
for closing costs, or even costs of moving.
-: Okay, anything else?
-: Another thing we usually look at is your budget.
So what can you afford, or what would you
be comfortable with in a mortgage payment.
And then we can help you determine
what purchase price range might work for you.
-: Okay, anything else?
-: Sometimes employment is something
that we'll look at as well.
So we'll usually do a two-year lookback
for the mortgage application,
and we'll wanna make sure you have a steady employment.
Something that's likely to continue.
-: So what if you have three of those things checked off?
Maybe you haven't saved yet as much as you'd liked to
what would you do? -: That's okay.
You can still come in and talk to us.
We can talk you through your options and help you work out
a plan to prepare for home ownership.
-: So coming in to talk to Wright-Patt Credit Union
is on the checklist.
-: Definitely.
-: I like it.
So from beginning to end, Wright-Patt Credit Union
is there to help you walk through the home buying process.
Announcer: Save better, borrow smarter, learn a lot.
Wright-Patt Credit Union's making life a little easier.