Ramsey Home Buying Guidelines - Dave

: You should have zero consumer debt (credit cards, car loans, student loans) before buying.

“Ramsey's approach isn't about buying the most house possible; it's about reducing risk and avoiding being "house poor."” Facebook · The Island Packet · 1 week ago dave ramsey home buying guidelines

: Aim for 20% down to avoid Private Mortgage Insurance (PMI) . He notes that 5–10% is "okay" for first-time buyers, but it is not ideal. Critical Perspectives on the Guidelines : You should have zero consumer debt (credit