Buying your first home can be overwhelming, especially if you’ve struggled with credit issues in the past. You may be surprised to find out that buying a home isn’t nearly as intimidating as you think. If your credit has a bit of a tainted past, don’t sweat it too much. There’s hope!

First-time home buyers have programs available to them that other home buyers don’t have access to. For example, state programs, federally backed loans, and massive tax breaks can make your dreams a reality. Check out these tips and tricks to help you get on your way to home ownership

1. Start Saving ASAP

Start saving for a down payment as soon as you can. While a 20% down payment is typical, some first-time home buyer programs allow for down payments as little as 3%. However, if you are able to put down at least 20%, this will reduce your monthly mortgage payment because you won’t be required to pay private mortgage insurance, or PMI. A higher down payment will also decrease your debt to income ratio, or DTI, which will make it easier for you to get approved for a loan. You’ll also want some money saved for updates and unexpected repairs once you move in.

2. Don’t Apply For New Credit

When you begin applying for a mortgage, your credit history will be pulled. Your interest rate largely hinges upon your credit so it’s important to dispute anything on your credit report that could be dragging you down. Pay off any negative accounts that you can before you apply for a mortgage. Once you are approved for a mortgage, don’t make any purchases or open new accounts that can affect your credit score like a new car or a new credit card. These can alter your credit score or your debt to income ratio and can disqualify you from closing on a home, even if you’ve already been approved.

3. Take Advantage Of Tax Credits

Chances are that your state offers a first-time home buyer tax credit. Each state is different, but many of these programs are available to help lower-income buyers and those with a less than stellar financial history.

4. Be A Smart Shopper

Don’t go with the first mortgage company or rates that you see. Shop around and do your homework to be sure you’re getting the best interest rate possible. A small amount of interest turns into massive money over the life of a 30-year loan. Also, don’t forget to factor in closing costs, property taxes, and homeowners insurance when you start shopping around and considering your budget.

5. Be Patient And Diligent In Your Home Buying Journey

It can be hard to control your excitement and keep a level head while your dreams of home ownership are running wild. Find a home that suits you and your future goals. Stay diligent in your journey for creditworthiness and financial freedom and be patient. Your patience, hard work, and diligence in your home buying pursuits will pay off in the end.