First-Time Homebuyer Resources Buying a home is exciting, but it can feel overwhelming. These trusted resources will help:

HUD’s First-Time Homebuyer Guide — Learn the steps to homeownership straight from the U.S. Department of Housing and Urban Development. Click Link to Additional Resources

Fannie Mae’s Free HomeView Course — Complete this interactive course and gain valuable knowledge about the mortgage process and responsibilities of owning a home. Click Link to Additional Resources

Down Payment Assistance Search Tool — Find local, state, and national programs that may help with your down payment or closing costs. Click Link to Additional Resources

Here's what to expect during the mortgage and loan journey:

1. Pre-Approval - Your lender reviews your finances to estimate how much you can afford.

2. Application & Credit Review - Submit paperwork; your lender checks your credit, income, and assets.

3. Processing & Underwriting - Your loan is evaluated; appraisals and inspections take place.

4. Closing - You sign documents, transfer funds, and officially become a homeowner!

Your work isn't done at closing - here's what to take care of:

• Change the locks - protect yourself and your new home.

• Set up utilities - water, electric, gas, internet, trash collection, etc.

• Apply for Homestead Exemption (if eligible) - save money on property taxes.

• Review HOA guidelines (if applicable) - understand the neighborhood rules.

• Plan for maintenance - budget for home upkeep to protect your investment.

• Enjoy your new home - you did it!!

Closing costs are typically 2% - 5% of the home's price. Here's what they may include:

• Down payment: often 3% - 20% depending on your loan type (FHA, Conventional, VA, USDA)

• Title search & title insurance: $500 - $1000+

• Appraisal & inspection fees: $300 - $600 each

• Prepaid taxes & insurance: A few months of taxes and homeowners insurance upfront

• Recording & transfer fees: Varies by city & county (This is needed to transfer the property deed into your name to reflect you are the new owner. Typically handled by the county clerk or recorder of deeds.)

• Real estate agent commissions: Typically paid by the seller for a total of 5% (2.5% for each side of the transaction)

You'll work with a team that supports your home purchase:

• Your Agent (that's me!) - Helps you search, tour, negotiate, and navigate through the entire process.

• Transaction Coordinator - Manages paperwork, timelines, and details to keep everything on track and make sure your closing runs smoothly.

• Mortgage Lender - Provides your mortgage financing.

• Title Company - Ensures the title is clear and coordinates the closing.

• Escrow Officer - Oversees funds and documents during the transaction.

This might feel overwhelming, but you're not expected to conquer it on your own. I'm here to guide you every step of the way and I can connect you with reliable, experienced professionals so you have a team that you can trust from start to finish!

DPA, or Down Payment Assistance, is help you get to buy your first home by giving you money toward your down payment or closing costs. This can be a grant (money you don't pay back) or a small loan with no or low interest.

The amount and requirements for each program vary by county and income. Reach out to me and I'll guide you through your options and help you find the best fit for your homebuying journey!