Homebuyer Tips

We’ve created resources in our Home Loan Guide for people thinking about buying. For new buyers, these can help answer some of the most important questions. For example, first-time homebuyers will want to think about how much savings they need. One recommendation is to keep your monthly payment to one-third of your monthly income. The buying process may include closing costs and a down payment. The down payment will depend on many factors, including loan program, help from relatives and whether or not you qualify for down-payment assistance. Your local loan officer will be able to guide you through these matters. After you’ve talked with a loan officer and are preapproved, you’ll want to decide how much you want to borrow, what features are must-haves and where you want to live. Our online resources and our loan officers are available for guidance any time.