It is a common belief that you need a 20% down payment. Speak with a lender to learn about your options. There are loans available with as little as 3% down or 0% on VA loans.
It is important to be aware of your credit score. Home loans have different credit requirements.
Contact loan officer to get pre-approval for a mortgage.
Contact a local experienced real estate professional to guide you through the home buying process
Meet with your Realtor to discuss home search criteria.
When you find “the one”, meet with Realtor to review comparable properties, and determine the best price to write an offer. In a competitive market there may be other offers on the property. An experienced agent will know how to best work with this situation.
Once your offer is accepted, you will need to schedule a home inspection on the property.
Your lender will order a home appraisal on the property to ensure the value of the home.
Submit the requested documents to your lender to have the loan process move along in a smooth & timely manner.
Once your loan comes out of underwriting approved, a clear to close will be issued. Closing will be scheduled.
Your Realtor will schedule a final walk-thru prior to closing.
Closing Day – Congratulations on your new home!
Additional questions? For a complimentary consultation please contact me