Purchasing Your First Home-A Step-by-Step Guide
A Renter's Guide to Becoming a Homeowner.
Date and time
Location
961 Morris Park Ave
961 Morris Park Avenue The Bronx, NY 10462Agenda
10:00 AM - 11:00 AM
Welcome & Introductions
Understanding the Homebuying Process
Getting Your Finances in Order
Navigating the Mortgage Process
Q&A Session
About this event
- Event lasts 1 hour
Welcome to: A Renter's Step-by-Step Guide to Purchasing Your First Home! Are you tired of renting and dreaming of owning your own place? Join us for this online event where we will guide you through the process of buying your first home. From saving for a down payment to understanding mortgage options, we've got you covered. Don't miss out on this valuable opportunity to take the first step towards homeownership. Register now and let's make your dream of owning a home a reality!
Frequently asked questions
Pre-approval is when a lender evaluates your financial situation and determines how much they’re willing to lend you. It shows sellers you’re a serious buyer and gives you a better idea of your budget.
There are several options, including conventional loans, FHA loans (with lower down payments) and VA loans (for veterans). Each has different requirements and benefits.
From finding a home to closing, the process typically takes 30-60 days, but it can vary depending on the market and individual circumstances.
Typically, you'll need 3-20% of the home's purchase price. However, some programs allow for as low as 3% down. Check for first-time homebuyer programs in your area.