Preparing to get a mortgage can be difficult, particularly if you do not understand where to start. You can get a excellent start simply from reading these 5 terrific mortgage tips for first time house purchasers.

1. Pay down your debt.

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