Town Tip Thursday: You don’t need perfect credit or a huge down payment to buy your first home!

This week, BETH Medved Waller interviews Katie Brinson of McLean Mortgage for her TOWN TIP THURSDAY and they discuss mortgage industry tips for homebuyers.

Katie shares some insightful information that first time homebuyers will find helpful, “The number one thing is to establish credit. I tell everybody go to Capital One. Get yourself a little no fee credit card. I swear they’ll give everybody a $300 credit limit. Go get a credit card. Use less than 50%, pay it off every month. If they give you a $500 credit limit, use $250 or less and pay it off every month.  Do that for four to six months and it will establish a credit score for you because Capital One reports to all three bureaus. That’s the important thing. A lot of times if you go to your bank and get a credit card, they only report to one bureau and that really doesn’t help,” says Brinson in this remote interview via ZOOM:

Town Tip Thursday, a WHAT MATTERS Initiative Sponsored by BETH Medved Waller, Associate Broker KW-Solutions, Keller Williams Realty (Licensed in VA)  540-671-6145 or beth@whatmattersw2.com Reach out to BETH if you’d like a free video interview about your business, cause, event or announcement and if you have a real estate need she can help with. Find out more at www.whatmattersw2.com

Featuring Katie Brinson, McLean Mortgage www.katiebrinsonmortgage.com 540-212-8277 or kbrinson@mcleanmortgage.com

Katie is a mom of 3 boys and a mortgage ninja. She’s been in the industry for almost a decade and has seen it all! Helping over 500 families get into their dream home, she has assisted her clients with improving their credit scores, understanding low and no money down options, and has walked them through every step of the process from pre-approval to getting their new keys.

Are you interested in seeing where you are on the path to Pre-approval?

Fill out a secure application today at www.KatieBrinsonMortgage.com and you will receive a free copy of your credit report and scores, and a customized Action Plan that provides a step by step process for you to follow to get ready to own your very own home.