5 Moves to Get Ready for Homeownership in 2026

Whether you're dreaming of buying your first home or returning to ownership after some time away, 2026 could be your year, if you start preparing today. With housing costs, credit standards, and market shifts in play, laying the groundwork now gives you a stronger foundation when it’s time to buy.

Here are 5 smart moves to help you get homeownership-ready for 2026.

1. Check and Strengthen Your Credit

Your credit score plays a major role in the interest rate you’ll qualify for and even whether you get approved for a loan.

✅ Start by reviewing your credit report at AnnualCreditReport.com and dispute any errors.

✅ Aim for a score of 640 or higher, though many programs (like FHA loans) allow for lower scores with larger down payments.

✅ Keep credit card balances low and avoid opening new accounts unless necessary.

Tip: Consider working with a local financial wellness coach or credit union that offers credit-building tools.  Check out Credit Human’s Financial Slack resources.

2. Create a Realistic Budget and Savings Plan

Understand what you can comfortably afford by calculating your ideal monthly payment including mortgage, taxes, insurance, and maintenance.

✅ Start a dedicated savings account for your down payment and closing costs.

✅ Budget for necessary costs like inspections, moving, and home repairs.

Many buyers qualify for down payment assistance, so don’t assume you need 20% saved. Start with a goal, even 3–5%.

3. Get Pre-Education: Take a Homebuyer Course

Many first-time buyer programs and lenders require or recommend homeownership education courses — and they’re incredibly useful.

✅ Learn about mortgage options, the closing process, and what to expect as a homeowner.

✅ Nonprofit housing organizations often offer free or low-cost courses that include one-on-one counseling.

Pro tip: Completion of a HUD-approved course can unlock access to grants or special loan programs.  But check with your lender before registering.

4. Understand What’s Happening in Your Market

Local conditions matter. Stay up to date on:

• Home prices and inventory in your target neighborhoods

• Interest rate trends

• Upcoming development or zoning changes

Work with a real estate professional who knows your area and can advise you on the best time to enter the market.

5. Build a Team You Trust

Getting ready to buy a home isn’t just about numbers — it’s also about relationships.

✅ Start building your homebuying team now:

• A real estate agent who listens and educates

• A loan officer or mortgage broker who explains all your options

• A financial adviser who helps you plan long term

2026 might feel far away, but putting your team in place today means you’re not scrambling when the time comes.

Homeownership Is a Process, Not a Sprint

There’s no one-size-fits-all path to owning a home but the more intentional your preparation, the more confident and informed you’ll be when you're ready to buy.

If you're planning for 2026, now is the perfect time to take the first step.

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