Home Buyers

First Time Home Buyers

Welcome to the American Dream. Home ownership remains a goal for most families, and Lending Team is here to help you every step of the way.

This goal is not without its challenges. Though the process is overwhelming, you want to do your homework and gather as much information as possible. You want to feel confident that you’re making the best choice for you and your family.

The first step in the home buying process is, of course, searching for homes that meet your criteria for square footage, location, amenities, school district, accessibility, and other factors. Take your time to understand the local market and discover what is available within your price range. As you look for homes, you will recognize patterns—i.e., how much “house” you get for a particular price—and become savvier as you shop around.

However, simply finding the perfect home and buying it isn’t so simple. Buying a home also depends on your credit score, which is the single biggest factor in the interest rate you will qualify for on the mortgage.

Some buyers actually look into their credit and investigate interest rates first. An expected monthly mortgage payment usually dictates how much house a family can afford. It also affects where they search for a home.

Ready for a mortgage? Lending Team's fixed mortgages and government-backed loans are ideal for first-time buyers.