Am I Ready to Own a Home?

Take this quiz to see if you’re ready to buy a home.

1. Do I have a steady source of income such as a job?

  • Yes—go to Question 2


2. Have I been employed on a regular basis for the last two years?

  • Yes—go to Question 3


3. Is my current income reliable?

  • Yes—go to Question 4


4. Do I have few outstanding long-term debts such as car loans?

  • Yes—go to Question 5


5. Do I have a good record of paying my bills?

  • Yes—go to Question 6


6. Do I have money saved for a down payment?

  • Yes—go to Question 7


7. Do I have the ability to pay a mortgage and additional costs every month?

  • Yes—you are ready for homeownership!