Note: Your agent and lender will help you through all these steps!
Step 1: Start Searching Early—Homes frequently appear very different in person than they do on line.
Step 2: Find the right real estate agent and lender: We can help at LDSAgents.com
Step 3: Determine how much you can afford by getting “Prequalified” for a home loan. See our video on “Prequalification”
Step 4: Shop for your home with your agent – This is the fun part!
Step 5: Get an Inspection – Your agent will help select a local inspector.
Step 6: Work with your lender to select the best loan for you. See our video on “Conventional, FHA, and VA loans”
Step 7: Have the Home Appraised—Your lender will normally take care of this (the appraised value must exceed the loan amount by certain criteria).
Step 8: Wait for funding to be approved by the “underwriter”.
Step 9: Meet with the title company or with the closing agent (depending on your state) to close the loan and the purchase. We recommend that you watch our video on “Closing Costs”