Category: First Time Home Buyer

How to Shop for a Home, One Step at a Time

Shopping for a home is easier with a plan. Follow these steps, from setting a budget and wish list to touring homes and weighing other purchase paths.

Cash to Close: What It Includes and How to Pay It

Cash to close is the total you bring to the closing table. Learn what goes into it, which credits reduce it, and how to pay it safely when you buy

A First-Time Buyer Checklist From Budget to Keys

Buying your first home? Use this checklist to move from budgeting and preapproval to house hunting, inspections, appraisal and closing with confidence.

Mortgage Preapproval: What It Is and How to Get One

A mortgage preapproval shows sellers you are ready to buy. Learn how it differs from prequalification, what documents you need, and what happens next.

Five Practical Ways to Save for Your Down Payment

Saving for a home takes a plan. Try these five practical ways to build your down payment fund, from automatic transfers to earning extra income.

The Costs of Buying a Home That First-Timers Should Plan For

Beyond the down payment, buying a home brings closing costs, repairs, furniture and HOA dues. Here is what first-time buyers should plan and save for.

Renting vs. Buying: How to Decide What Fits You

Buying builds equity while renting offers flexibility. Compare the costs, benefits and tradeoffs of each so you can decide what fits your life right now.

How Much Do You Need to Earn to Buy a Home?

No magic salary is needed to buy a home. Learn how lenders weigh your income, debts, credit and down payment to decide how much you may be able to borrow.

A Guide to the Most Common Home Loan Types

Compare popular home loan types, including conventional, FHA, VA, USDA, adjustable-rate and jumbo loans, and learn who each one tends to fit best.

Can You Buy a Home With No Money Down? Your Options

Zero down home loans do exist. Learn how VA and USDA loans work, who may qualify, and which low down payment options may fit if you need another path.