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First-Time Buyers
A complete guide to navigating the home buying process with confidence.
Start the JourneyFollow these six steps to go from first-time buyer to proud homeowner.
Review your credit score, savings, and monthly budget. Understand what you can comfortably afford before falling in love with a home.
A mortgage pre-approval shows sellers you are serious. It also defines your price range and strengthens your offer.
Partner with an experienced buyer agent who knows your target neighborhoods and can negotiate on your behalf.
Use our advanced search tools and schedule tours. Take notes and photos to compare your top picks.
Your agent will craft a competitive offer based on market data. Expect some back-and-forth with the seller.
Complete inspections, finalize your mortgage, sign closing documents, and get your keys. Welcome home!
Documents and items to prepare before you start shopping.
Answers to the most common first-time buyer questions.
Down payments can range from 3% to 20% of the purchase price. FHA loans allow as low as 3.5%. Putting down 20% helps you avoid private mortgage insurance (PMI).
Conventional loans typically require a 620+ score. FHA loans may accept scores as low as 580. Higher scores unlock better interest rates and loan terms.
Absolutely. A professional inspection reveals hidden issues that could cost thousands. It also gives you leverage to negotiate repairs or price reductions.
From pre-approval to closing, expect 30 to 60 days. The search phase varies — some buyers find their home in weeks, others take months. Be patient and stay focused.
Closing costs typically range from 2% to 5% of the loan amount. They include lender fees, title insurance, appraisal, and prepaid items like taxes and insurance.
Take the first step toward homeownership. Our lending partners will help you find the right mortgage.
Get Pre-Approved