PURCHASE A HOME.
LET’S US HELP YOU.

Buying a home is a major investment for your future. With us on your side the process will be quicker and simpler than you ever imagined. We will be with you every step of the way, helping you achieve your dream of home ownership.

WHY BUY?

Jumping from renter to homeowner is a big step, but it’s one that helps build a bright future for your family. With today’s historically low interest rates, it’s never been easier or more advantageous to make the leap to owning your own home. Ditch your rising rent for a fixed-rate mortgage that never goes up and secure your family’s future in the home you’ve been dreaming of.

SCHEDULE A CALL

KNOW YOUR NUMBERS

Buying a home is the smartest investment you can make for your future. To help you make an informed decision, here’s the breakdown of what your upfront investment may look like.

UPFRONT COSTS

EARNEST MONEY DEPOSIT

When you make an offer on a home and it’s accepted, you’ll need to put down an earnest money deposit, which will be held in a trust account by a third-party such as an escrow company or real estate attorney.

  • The deposit will be 1% to 3% of the purchase price.
  • If you cancel the purchase, you may or may not lose the deposit.
  • After completing the purchase, your deposit will be applied to your required funds, like the down payment or closing costs.

CLOSING FEES

DOWN PAYMENT

The loan criteria for most home purchases requires a 3%, 5%, 10%, or 20% down payment. However, there are many special programs for buyers that may not have a down payment, such as VA and USDA loans.

ADDITIONAL FEES

There are numerous other fees that are required for the closing process, including insurance costs, fees for title & escrow or attorneys, documentation and inspection fees, property taxes, and more. Contact us to find out how much these costs usually total.

  • Private mortgage insurance (PMI)
  • Homeowner’s insurance
  • Title insurance
  • Escrow/attorney fees
  • Points and/or origination fees
  • Document preparation fees
  • Survey fee
  • Pest or mold inspection
  • Property taxes
  • Recording fees

OBTAINING A MORTGAGE

Buying your home should be a special occasion, not a stressful one.

1. Apply

Talk to us to figure out the best type of loan for your situation. They will tell you what kind of documentation you’ll need.

2. Sign agreements

E-sign initial disclosure documents to acknowledge receipt.

3. Underwriting

We submit your file for underwriting to analyze your income, credit and assets and order the appraisal .

4. Approvals

First, you will receive a conditional approval, followed by a final approved once all conditional approval requirements have been satisfied.

5. Close

Loan documents are sent to the escrow company or attorney. A signing appointment is scheduled to sign loan documents. Your loan is funded soon thereafter.

TIPS FOR NEW HOMEBUYERS

  • Get pre-approved before shopping for a home and find out your buying power. A pre-approval letter indicates to the seller you are a serious potential buyer.
  • Know the costs of ownership. In addition to your mortgage, be sure to add utilities, homeowner’s insurance, taxes, maintenance, and repair costs to your budget.
  • Remember that while homes are considered excellent investments over the long term, they can fluctuate in value in the short term.
  • Be mindful of the location of your home. Think about schools, neighborhood safety, available public transportation and work commute times and other factors that matter to you.
  • Work with a licensed and reputable real estate professional to help find your dream home.
  • The average close time is 30 days or less.

You CAN purchase your dream home. We can help.