Preparing to make an application for a mortgage can be difficult, especially if you do not understand where to start. You can get a excellent start just from reading these 5 great mortgage suggestions for very first time home purchasers.

1. Pay for your debt.

Specifically, your credit card debt. Why? Charge card financial obligation is costly. The average rates of interest for credit cards presently is 13.8%-- that's double the 5.33% average for a 30-year set rate mortgage.…