Buying your first home is exciting — but navigating the mortgage process can feel overwhelming. From pre-approval to closing, every step matters.
1. Get Pre-Approved:
Start by getting pre-approved to understand how much you can afford. Lenders will check your credit, income, and debts to set your borrowing limit.
2. Compare Loan Options:
Explore different types of mortgages — like FHA, VA, or conventional loans. Each comes with unique requirements and benefits.
3. Lock in Your Rate:
Interest rates can fluctuate daily. Once you find a good rate, lock it in to avoid surprises before closing.
4. Close the Deal:
After appraisal, inspection, and final underwriting, you’ll sign the documents and receive your keys!
✅ Tip: Always ask your lender about additional costs like insurance, taxes, and closing fees before committing.
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