Your first home. A clear first step.

Start with your monthly budget

Think beyond principal and interest. Property taxes, insurance, mortgage insurance, HOA dues and maintenance all affect what owning a home feels like each month. Leave room for the rest of your life.

Cash to close is more than a down payment

Closing costs, prepaid expenses and reserves can affect how much cash you need. Ask which assistance programs may be available and whether any assistance must be repaid.

Get ready before you shop

A pre-approval can help establish a price range and strengthen an offer. Final approval still depends on underwriting, the property and any outstanding conditions.

Let’s start with these details.

Recent income and employment documents
Bank and investment account statements
A monthly payment you feel comfortable with
Your timeline and target neighborhoods

Educational overview only. Program requirements, availability and terms vary. No guarantee of qualification or approval. For additional consumer guidance, see the CFPB homebuying resources.