<prompt> Human: Hi all.So as the Title says I am looking to purchase a new home. My wife and I are both enlisted in the USAF and are planning on using one of your VA home loans for this purchase. My wife is currently deployed and we are planning on making the purchase for when she gets back. We will be saving lots of money during her deployment and paying off most of our debts. I will go over what debts we have as of today. Car - 8000 Bed - 2000 Taxes - 2000 Credit cards - 500-700This is what most of our debts consist of.We have an income of roughly 5000 together and both put 200 into a retirement account. Income - 4000 After RentUtilities Savings - 2000 Retirement - 200 a month each about 1500 in each of our accountsWe plan on paying off the Taxes, bed and credit cards before she gets back. We will also be dumping more than 500ish into our savings.My big questions.Should we pay off ALL debts before going to start lookingapplying for mortgages? A VA loan doesnt let us do a down payment and make the closing costs a little more strict what other fees should I be worried about?Is 5000 dollars in savings enough to feel safe after the home purchase? Her credit score is 754 and mine is 690. Please if there is any other things I should know let me know! Thank you for helping me so much with all my questions.  <response>: Just the fact you financed a bed tells me that you lack the financial maturity to be buying a home. Then I look at your finances and say nope. You need to be debt free and have a fully funded emergency fund. 