Ep. 22 What Does a Housing Counselor Do? with Andrea Gerber

Today we will be speaking with Andrea Gerber, a housing counselor at the Housing Trust. Andrea has spent almost seven years helping people get ready to buy their first home, and she gives us a look at what housing counseling actually is and how it helps people on their path to homeownership. We talk about what a housing counselor does, what happens in a first session, and the question she hears most: can I afford to buy a house? Andrea also explains what lenders look at, how debt-to-income ratio works, the difference between the snowball and avalanche methods for paying off debt, and what to do if you don’t have enough for a down payment or don’t know your credit score. If you’re not sure you’re ready, this episode is for you. Ready to get started? Call 505-989-3960 or visit http://housingtrustonline.org.