How to Buy First Home
Learn how to buy first home with our detailed step-by-step guide. Follow our easy instructions to get it done right.
Your Progress
0 of 6 steps completedStep-by-Step Instructions
1 Step 1: Check Credit and Save Down Payment
Step 1: Check Credit and Save Down Payment
Aim for 620+ credit score and save 3-20% down payment plus closing costs (2-5% of price).
First-Time Homebuyer Guide
Complete book on home buying process
Down Payment Savings Tracker
Chart for tracking home savings progress
2 Step 2: Get Pre-Approved for Mortgage
Step 2: Get Pre-Approved for Mortgage
Apply with lenders to determine how much you can borrow and show sellers you are serious buyer.
3 Step 3: Find Real Estate Agent
Step 3: Find Real Estate Agent
Hire buyer's agent familiar with your target area to help search homes and negotiate.
Questions to Ask Realtors
Checklist for vetting real estate agents
4 Step 4: Search for Homes and Make Offer
Step 4: Search for Homes and Make Offer
Tour homes in budget, compare options, then submit offer with earnest money deposit.
Home Inspection Checklist
Comprehensive home evaluation guide
5 Step 5: Complete Home Inspection
Step 5: Complete Home Inspection
Hire inspector to evaluate property, review report, negotiate repairs or credits with seller.
Home Inspection Service
Professional inspection of potential home
6 Step 6: Finalize Mortgage and Close
Step 6: Finalize Mortgage and Close
Complete loan application, order appraisal, get final approval, review closing disclosure, and sign papers.
Homebuyer Closing Costs Guide
Explanation of all closing fees
Home Maintenance Book
New homeowner guide to maintaining property