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Real Estate Compass · Blog

Know your numbers before you buy

Buyer readiness, DTI, reserves and first-time home buying.

5 min read

Are you ready to buy? The buyer-readiness test

Readiness is not a pre-approval letter. It is a budget, reserves, and a payment your take-home pay can carry.

6 min read

Lender DTI vs. take-home DTI: the number that matters to you

Lenders measure debt against gross income. Your life runs on net income. Here's why the difference decides whether a home fits.

4 min read

Why you need six months of reserves on top of your down payment

Reserves are the difference between a setback and a crisis. Plan for six months of your budget, after closing.

7 min read

First-time home buyer guide: down payments, closing costs and choices

FHA 3.5%, conventional 5%, 10% or 20%, investors 25% — and closing costs near 3%. How to choose what fits.