Apartments Houses

Before buying anything that will need you to get a loan you should try to learn as more as you can about loans. Whatever you're going to buy, be it a house or a new car, having some solid knowledge about loans won't hurt.
Basic knowlegde about loans will save you money, time and probably troubles.

Borrowing money has a cost and we can't say it's cheap.
It may be hard to have a clear idea of how much your loan is going to cost you because you must consider fees, charges and interest rates.
One this is sure, you'll have to pay back more than what you borrowed, that's what moves the entire loan industry. You'll be paying them what they gave you plus the interest rates and additional fees.
Having a fixed rate mortgage or an adjustable rate mortgage loan can make a huge difference in the long run if interest rates are going to be adjusted a lot.
Strictly connected to this comes the amount you can pay monthly to the mortgage company. Get yourself an idea of what we're talking about reading How much house can I qualify for?

You credit history counts more than anything else.
Would you lend money to someone you know that won't be able to pay it back to you?
No company will lend you money without checking your credit score (to learn more about credit score read How to check your credit score online).
The idea is really simple: the higher your credit score is ( this means your credit history is good ) the lower will be your interest rate.