First Time Home Buyer

Buying your first home today is much easier with many programs designed just for you, many of these programs require zero to little down payment. If you or your realtor requires a Pre-Approval letter for the seller it is faxed out the same day.

Programs are available for almost all credit grades, from perfect credit history to those that have had payment history problems, and have a lower credit score.

We pride ourselves on being able to assist the first time homebuyer in learning and understanding the process. We take the time to review the credit process and explain the various lender programs available.

The first step is to go through the pre-qualification process, most real estate brokers will be asking for this information prior to your viewing homes, this will give you a firm idea of what you can afford and enable you to write the purchase offer with the assurance that you can afford the home.

Review credit history via a Credit Report, how and why they work
Explain the different types of loan products available
Explain, "loan to value", that is the amount of money being borrowed versus the value of the property
Examine your debt ratio, which determines how much payment you can afford

When we have completed this step, you will have a better understanding of the loan process and products, which are available to you. We have a large list of our mortgage programs available for you.

Next we will explain the various ways to start looking for that "special" house that will become your home. We will explain the different ways homes are marketed, whether the home is listed with a Realtor or is For Sale By Owner.

Then we will go through the time line, from beginning to end, what is involved from the day of pre-approval to the day of the close on your new home and you move in.

Please contact us for your personal no cost, no obligation pre-qualification!