NEWS

First-Time Buyer's Guide to Owning Your First Home

Welcome to the exciting journey of homeownership! I'm here to guide you through each step of the process, ensuring you make informed decisions and feel confident in your new venture. In the meantime, here is a quick break down of what to expect in manageable steps.

Step 1: Assess Your Financial Readiness

Evaluate Your Finances:

Before you start house hunting, it’s crucial to understand your financial standing. Review your savings, monthly income, and expenses. Ensure you have a stable income and a healthy credit score, as these are key factors lenders consider and will ask for while going through the pre-approval and lending process.

Down Payment:

Ideally, aim to save at least 20% of the home’s purchase price to avoid private mortgage insurance (PMI). However, there are loan programs available that require lower down payments. Reach out to me for a lender list to help get started on this step.