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Your path to homeownership - start to keys

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Going from renting to owning in {{event.location}} - the 8 steps, the programs, and what to bring to your first conversation. All figures are illustrative.

1

Pre-approval

Submit your documents, find out exactly what you can afford, and get the letter that makes sellers take you seriously.

2

Shop

Work with your Realtor to find the right home. The pre-approval tells you the budget; the letter gives you the power to move fast.

3

Offer

Your Realtor writes a strong, competitive offer. Seller credits for closing costs can often be negotiated here.

4

Inspection

A licensed inspector reviews the home. This is your best protection - never skip it.

5

Appraisal

Your lender orders an appraisal to confirm the home's value. Required for most loan programs.

6

Underwriting

The lender's final file review. Respond to any conditions quickly - this is what keeps closings on time.

7

Clear to close

You're approved. Final closing disclosure lands here. Review it carefully and confirm the wire instructions.

8

Keys!

Sign, fund, and get your keys. You own a home. Review your equity and rate annually with your loan officer.

Down payment + programs - quick reference

Low down
Conventional options
Conventional 97 / Fannie Mae HomeReady / Freddie Mac Home Possible. Works well at {{example.creditGood}} FICO or higher. No upfront MI premium; MI drops at 80% LTV.
Low down
FHA - flexible on credit
FHA Loan. Most flexible program - starts at {{example.creditMin}} FICO. Upfront and monthly MI apply. Popular first-timer choice.
$0 down
No down payment required
VA Loan (veterans / active duty / surviving spouses). USDA Loan (eligible rural and suburban areas). Virginia Housing DPA (income + purchase price limits apply).
Target home
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Rent today
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Down payment
Low or $0
Equity in ~5 yrs (~$95k on $425k, incl. paydown)
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Scan to find where you are

Scan to find where you are

Scan the code or reach out directly. We will tell you which program fits, what your payment looks like, and exactly what you need to get started - no obligation.

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{{compliance.pendingLabel}}   Equal Housing Opportunity. {{lo.company}}, NMLS #{{lo.nmls}} (Company NMLS #{{compliance.companyNmls}}). Figures and the example household are hypothetical and for illustration only; not an offer, quote, or commitment to lend. All loans subject to underwriting approval, program eligibility, and creditworthiness. Rates, fees, programs, and terms are subject to change without notice. Down payment assistance programs have income limits, purchase price limits, and property eligibility requirements; consult your loan officer. Appreciation and equity projections are illustrative and not guaranteed. This co-marketed seminar is cost-split by fair market value of promotion per RESPA; no party pays for referrals and none are required. NMLS Consumer Access: www.nmlsconsumeraccess.org.