Start the Home Buying Process

Congratulations on your decision to participate in the great American Dream - home ownership! An important first step to home ownership is learning and planning. Buying a home isn't so much a single large leap as a series of small steps. We strongly recommend you use the services of a professional Realtor with the experience and training to smooth the way.

Buy or Rent?

Is buying a home right for you?

Pros of home ownership

1. Builds assets and wealth
2. Pride of home ownership
3. Freedom to make design and color changes
4. Tax advantages

Cons of home ownership

1. Responsible for repairs and maintenance
2. Need to sell the house in order to move
3. Savings tied up in down payment
4. Yard work

Be Pre-Qualified

Purchasing a home and obtaining financing are closely intertwined. Pre-qualification is a free service offered by most lenders. You will need to provide some personal and financial information (usually over the phone) and a mortgage representative will give you his or her educated opinion on the loan amount you are qualified to obtain.

Accumulate a Down Payment and Closing Costs

Buying a home requires some up-front cash. Nearly 40% of first time buyers acquire some or all of their down payment from family memebers. While accumulating 20% of the purchase price is most desireable, there are many loans with 5% down, or even no down. Our recommended mortgage broker can find the best loan for you.