What is a “first time” homebuyer?

A first time home buyer is an individual who has not had an ownership interest in a principal residence (anywhere) for the previous three years.

Determine how much house you can afford by getting pre-approved

This will depend on your:

  • Income
  • Credit Rating
  • Monthly expenses
  • Down Payment
  • Interest Rate

Learn about home buyer programs

  • Homebuying programs can vary by state
  • FHA first-time homebuyer assistance
  • HUD homebuying programs

Find your dream home and make an offer

  • Connect with your real estate agent
  • Submit the offer
  • If the seller accepts, the home is now under contract

Pay for a home inspection – it’s worth it 

  • Know what’s included in a standard inspection
  • Ensure the inspector can access all parts of the home
  • Consider attending the inspection to ask questions on the spot

Purchase the right homeowners insurance for you

  • Covers the cost to repair or replace your home and belongings
  • Provides liability insurances
  • Can cover the cost of rebuilding the home if destroyed

Sign the papers and grab the keys!

  • Your loan is fully approved
  • Sign the remaining documents, pay the down payment and closing costs
  • Unlock the door to your new home – congratulations!

Connect with one of our loan officers to see which first time home buyer program can best assist you.