Preparing to make an application for a mortgage can be demanding, particularly if you don't understand where to begin. You can get a good start just from reading these five great mortgage tips for very first time home buyers.

1. Pay for your debt.

Particularly, your charge card financial obligation. Why? Credit card financial obligation is expensive. The typical rate of interest for charge card presently is 13.8%-- that's double the 5.33% average for a 30-year set rate…