The real estate market is about to heat up. With March right around the corner, sellers have already began to list their homes for the next batch of hopeful homeowners.

Are you considering purchasing a home of your own this year? Before getting too excited, it’s important to consider your current financial situation and plan out the steps you need to take to achieve your goal of homeownership.

What is a mortgage? How does it work? Find out more about the process of getting a mortgage and how to become eligible for one in the infographic below or view the original post.

4 Questions Every First-Time Homebuyer Should Ask [Infographic]

Posted by Kristy DeSmit

Kristy is a blogger, Twitter enthusiast, and company legalese interpreter.