Preparing to request a mortgage can be difficult, specifically if you do not understand where to begin. You can get a excellent start just from reading these 5 great mortgage tips for first time house buyers.

1. Pay down your debt.

Particularly, your credit card financial obligation. Why? Charge card financial obligation is pricey. The average interest rate for credit cards currently is 13.8%-- that's double the 5.33% average for a 30-year fixed rate mortgage. Charge card…