Step 1: Finances

1. Check your credit scores & credit reports. 

​

2. Figure out how much cash you have for a down payment and don't forget about closing costs!

​

3. Set a realistic budget for the kind of home you're looking for.

Step 2: Get Pre-Approved

1. Search for a highly reputable mortgage lender that is going to get you the best rate.

2. Get a pre approval letter, it's not necessary but it's going to make your offer much more appealing to the sellers as opposed to getting pre-qualified.

Step 3: Finding Your Dream Home

1. Find a realtor you can trust who will be your best ally during this process (Hey there!)

2. Keep in mind your timeline for moving as it generally takes 30-45 days to close.

3. Gather your financial documentation to send to your lender 

Step 4: Submitting Offers

1. Make a strong offer. Keep in mind the earnest money you put down may be anywhere from 1%-3% of the purchase price.

2. Your realtor needs to have strong negotiation skills to get your offer accepted!

Step 5: 30 Days Before Closing

1. Once your offer has been accepted, you need to arrange for financing with your lender. 

​

2. You will need to get a home inspection as well as an appraisal done. 

Step 6: Closing Day!

1. Have a certified cashiers check or schedule a wire transfer for your down payment and closing costs.

2. Make sure to bring your ID with you to closing.

3. Welcome to home ownership!