First-Time Homebuyer?

Questions You Should Ask Your Lender

• What types of home loans do I qualify for?

• How much should I budget for a down payment?

• What will my monthly payment be, including taxes and insurance?

• Are there any first-time homebuyer programs available?

• Can I get pre-qualified or pre-approved?

These conversations help set clear expectations and avoid surprises later on.

How to Prepare

Before applying for a mortgage, it’s a good idea to:

• Check your credit score and correct any errors.

• Pay down debt if possible.

• Start saving for upfront costs like your down payment and home inspections.

• Gather documents like proof of income, employment, and identification.

Why Preparation Matters

Being financially prepared can help you secure a better interest rate, get approved more quickly, and feel more confident when making offers on a home. Plus, it shows sellers that you’re a serious buyer.

Homeownership is a big step, and it all starts with the right conversation. By knowing what to expect, preparing your paperwork, and asking smart questions, you’ll be well on your way to turning “someday” into “move-in day.”