The Home Purchasing Process

  1. Set Your Budget
    There are many things to consider when you begin calculating your budget for your new home. On top of the loan itself don’t forget to factor in other expenses, including your down payment, inspection and appraisal fees, and closing costs. This is a good time to get pre-approved or pre-qualified for your budgeted amount. Use our Refinancing Calculator
  2. Find a Home
    With your budget in mind, you can then begin searching for a home that’s just right for you. A real estate agent can help you through this process and make suggestions based on your ideal mix of features, location and home must-haves. Once you find your perfect home, you should hire an inspector to help you determine if there are any elements of the home that may need work in the future. Also, have the home appraised to give you a good estimate of a fair price. Now that you have found the perfect home, you can then make an offer within your budget.
  3. Select Your Loan
    After your offer is accepted, it’s time to select and secure your loan. There are many types of mortgage programs available, and this process can be daunting without the right help. One of our lending agents can help you review your options and obtain a loan that fits you.
  4. Close on Your Home
    You can close on your home once all your necessary documents are in order with your real estate agent, lender and escrow company. On your closing date all of your closing costs and fees will be paid and you can get the keys to your new home.
  5. Move In
    All that’s left after your closing date is to move in!