- October 15, 2013
- By Gary Young
- Island Home Loans News
The 123’s of Preparing to Buy Your First Home: Part 1- Assets
If you have a stock or bonds account, cash value life insurance, investment or retirement account that you’re not planning on using for down payment, often times these accounts are great to have on your application to show you have “reserves” after savings and checking. Additional assets add financial strength to your application.