Path to Home Ownership
HOME-BUYING PROCESS
10-STEP SNAPSHOT FOR FIRST-TIME HOMEBUYERS
#1
Get your finances in order: Know your credit score and what you can afford.
#2
Get mortgage preapproval with your chosen lender.
#3
Go house hunting!
#4
Make an offer on the home you want to buy.
#5
Fill out your mortgage application.
#6
Sign the contract once seller approves offer.
#7
Schedule your home
inspection and arrange homeowner's
insurance.
#8
Work with title company to complete a title search of the property.
#9
Once your mortgage is approved, inspection is good, and the title is clean, schedule closing and final walk-through.
#10
Closing day- sign your mortgage agreement and become a homeowner!