I'm ready to buy my first home. Where do I start?
First of all, congratulations. Buying a house is one of the biggest financial leaps you’ll make in your lifetime. Our mortgage experts are here to make the home-buying process as easy as possible.
The first step in any home-buying transaction is to get pre-approved. This helps determine how much you can afford to spend on a home and conditionally commits the lender to financing a purchase in that price range.
For more information, or to get pre-approved, call us, chat online, or fill out the form on the right.
Which loan should I choose?
With so many loan products available these days, navigating through all the choices can be tough. Here are some of our most popular options for first-time home buyers.
FHA loans are advantageous for first time home buyers who don’t have much money to put down. They have less stringent credit and underwriting requirements, and down payments start as low as 3.5%.
ARM loans offer the lowest initial interest rates of any loan product, but increase after an introductory fixed period. This is a great choice if you want to minimize your monthly payments and plan to move or refinance in the near future.
VA loans offer special benefits to veterans and are one of the few mortgage options that require no money down.
Why choose Total Mortgage?
We work with lots of first time home buyers, and have tailored our approach to minimize the stress of the mortgage process.
- We have some of the lowest interest rates in the country, which can save you money over the course of your loan.
- Our consultative approach helps educate borrowers as they progress through the process.
- No worrying about tight move-in schedules. We’ll close your purchase loan in thirty days or less, guaranteed.*