Home Buying Guide
Congratulations on deciding to buy a home! Use this step-by-step guide as a way
to prepare yourself for the process.
Financing
- Speak with at least 3 lenders and get pre-approved for a loan
- Find out what you can afford to buy, and how much of a down payment you will need
- Discuss finance options with your lender
- Understand how the loan originator is paid
- Begin to get your finances in order; put together a budget based
on your projected monthly payment
- Ask your lender to prepare a pre-approval letter that your agent
can submit with your offer
- Understand how much cash you will need to close - ask your lender
for a Good Faith Estimate
