If you are a first-time homebuyer looking to purchase your first home, and are not sure where to start, we have you covered! Below our team has highlighted frequently asked questions that first-time homebuyers ask during the home buying journey:

Q: Where do I start?

A: Start with talking to a licensed loan officer to determine how much home you can afford and what monthly payments will look like based on your budget.

Contact our team if you need help finding a loan officer.

Q: Can I afford to buy a home?

A: Your loan officer will help determine if you qualify for a loan by reviewing your financial history with you. Then, you can either apply to get pre-approved, or discuss with your loan officer the steps you need to take as you are preparing for a home purchase in the future.

Q: What are the loan options available?

A: Below are a few of our options:

Learn more about our other loan products, or contact a team member with questions about qualifying.

Q: What does my loan officer need for me to get approved?

A: Your will need to provide your lender the following documents:

  • Past 30 Days of Paystubs

  • Past 2 Months of Bank Statements

  • Copy of your Driver’s License

  • Approval to Pull Credit

  • Past 2 Years of W2s

  • Past 2 Years of Tax Returns

Q: When can I begin to view homes?

A: Once you have your pre-approval, you can start house hunting! If you haven’t been pre-approved yet, then download the DML App to get started.

Q: The seller accepted my offer… now what?

A: Once your offer has been accepted, it will take about 30* days for your mortgage loan to close. Both your realtor and loan officer will be in touch to provide updates throughout the process. If you loan officer needs any additional documentation or clarification, they will contact you. -Don’t worry! You’ll be at the closing table in no time!

*= approximate time for loans to close, this is not a guarantee.

Additionally if you have questions, or if you’re interested in getting the home buying process started, contact a team member today. We are excited to start this journey with you!

CONNECT ME WITH A TEAM MEMBER NOW!