FIRST HOME BUYERS

STEP - 1

Preparing to buy

Our Mortgage House Home Specialists will explain all of the details you need to know before buying your first property. We will walk you through each step of the pre-approval process and help you:

  • Determine how much you can borrow

  • Calculate your monthly payment amount

  • Choose the best loan product to fit your needs.

STEP - 2

Looking for a home

  • Now that you’ve learned how much you can spend, you’ll be able to search for a home you can afford to enjoy.

  • Your Mortgage House Home Loan Specialist can help you evaluate the property you’ve fallen in love with and provide a free property report.

  • If it is a good value and solid investment, we’ll guide you through the offer process.

STEP - 3

Making an offer

  • Once you decide that this home is “the one,” you’ll need to make a formal offer to buy the property. You’ll want to make your offer contingent on final approval of your mortgage application and a property inspection.

  • Try to negotiate ten days to accomplish both, instead of the standard five. If the buyer accepts the terms of your offer, we will move forward and prepare the loan documents for your settlement date.