First-Time Home Buyer’s Guide to Home Loans

A Your Financial Situation
Evaluate Your Savings: Ensure you have enough for a down payment, closing costs, and emergency funds.
Check Your Credit Score: A higher credit score can get you better interest rates.
Determine Your Budget
Calculate Your Monthly Expenses: Include all current and future expenses.
Use Online Calculators: Tools to estimate how much you can afford.
Research and Choose a Lender
Compare Lenders: Look at interest rates, fees, and customer reviews.
Get Pre-Approved: Strengthens your bargaining position and shows sellers you’re serious.