Becoming a new homeowner is an incredibly exciting time in your life. Ensuring that you have a smooth and transparent process is exactly where our team of experienced Home Loan Experts thrive. From getting started, asking the right questions, understanding the process, and having the right team of professionals on your side, we’re here to help! The very first step is getting pre-approved so that you can take the next steps of your homebuying journey with confidence. Talk to AmeriHome’s Home Loan Experts today and they’ll have your pre-approval ready for you by the next business day! From there, check out these 6 tips for successfully financing your very first home…
6 Tips For Financing Your First Home:Â
Ask Your Home Loan Expert Questions
No one is expecting you to be a pro your first time around. Ask questions frequently and lean on your team of experts for valuable advice and insight. Some great questions to get you thinking could be: What type of loans do I qualify for? How much down payment do I need? When do I need to get pre-qualified? How long does the loan process take? What programs or assistance are available specifically for first-time homebuyers?
Monitor Your Credit
Be sure not to take out any additional loans, open or close lines of cards, or take any actions (such as making late bill payments) that could impact your credit score. Your credit will be closely examined for consistency during this time so it’s best to hold off on any dramatic changes that could leave your report questionable.
Stick To Your Budget
Determining and sticking to a budget is pivotal for a successful homebuying and financing experience. Your trusted team of experts can help you calculate how much you can afford to ensure that your monthly payments are manageable. While it can be easy to compromise during some portions of the homebuying process, you should always remain true to your budget. When your finances and goals change over time, you and your Home Loan Experts can make the right adjustments to keep you on track.
Follow The Papertrail
While maintaining organized digital records is a great practice, keeping and securing physical paper copies of all important loan-related docs can save you hassle later in life. While modern technology is incredible, it can still be unreliable. Keeping your paperwork safe and organized in a locked, fireproof place will ensure that your records are always accessible whenever you need them in the future.
Take Advantage Of Benefit Programs
Be sure to ask your Home Loan Experts about AmeriHome’s benefit programs that have been specially designed to help you through your future financing journey. You may be able to secure additional savings, guidance, and resources to help you maximize your mortgage. Our team is always happy to guide you through your options to find the perfect solutions and benefits for your home lending needs.
Choosing The Right Realtor
Now that you’re pre-approved, start assembling the rest of your home buying dream team. A good realtor will listen and understand your needs and work diligently to find exactly what you’re looking for. Traits to keep your eyes out for when selecting your realtor are experience, familiarity with your desired area, and exceptional reviews that support their work. When in doubt, be sure to check the local Board of Realtors® or the National Association of Realtors® for any reported ethical violations.
Looking to start your journey home? The options and benefits available may surprise you!
Get Started Today With:
Various Loan Options
Find the perfect home loan for your unique goals and financial situation.
Expert Guidance
Our Home Loan Experts are here to help by sharing their knowledge and setting you up for a successful process from application to close, throughout the lifetime of your loan, and well into the future as your trusted partners.
Pre-Approval
Before you have found your dream home, get pre-approved for FREE. Once all information is submitted, we will provide your pre-approval the next business day.
Mortgage Checkups
Monitor and update your perfect home loan as your mortgage needs and goals change over time.
Future Rewards
With our AmeriHome Rewards program, when you finance with us ONCE, you’ll save $1,295 on ALL future refinances or home purchases.*
Your future is now, with a personal touch. That means we’ll work at your pace, when, and how you’d like. Whether you need to close quickly or have more time, we’ll lead the way. If you are interested in learning more about your options as a first-time home buyer, just give us a call at at 877.785.5422 or get your instant rate quote here.
Just imagine the possibilities…
*To qualify for this offer, you must have previously financed the purchase of a home or refinanced with AmeriHome. You have financed with AmeriHome when AmeriHome Mortgage Company, LLC appears on the previous Promissory Note for your loan and you are listed as a borrower on the Note. This offer can not be combined with any other offers, and is not applicable for FHA Streamline or VA IRRRL Refinance transactions. Other restrictions may apply. Terms and conditions are subject to change.
