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It's Not Always "Marriage Before Mortgage"

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they marry or have a family.

Others may think they are too young or too old. And still, more might think their current income would never enable them to qualify for a mortgage.

So it's not always "Marriage Before Mortgage!"

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-time buyer:

Unmarried couples jumped up to the third spot, right after their married counterparts and single women. Many couples are buying a home before spending what would be a down payment on a wedding.

Bottom Line

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