Download our Guide to Homebuying
First-Time Home Buyer?
Watch this video to see how TruLoan has helped first time home buyers just like you.
SIX EASY STEPS: Start to Finish
Buying your new home doesn’t have to be stressful and confusing. To help you understand the process and feel comfortable with the decision you make, follow these 6 steps to make your experience hassle free.
Pre-Approval
We can do the loan pre-approval process over the phone, online, or in person. First, we’ll review your financial situation and objectives. Next , we’ll go over questions about your employment , earnings, savings and other such information to help pre-qualify you. In addition, you’ll need to provide documents such as W-2 forms, income tax returns and bank statements. We’ll also check your credit report. Rest assured that all your information is kept confidential.
We’ll use this information to see if you qualify for a mortgage and determine which loan options best suit your homebuying plans.
Please double check your paperwork for accuracy. Missing or inaccurate information may delay the loan process.
| DOs and DONTs |
|---|
| DON’T open or close new credit accounts or change banks in the months prior to applying for your loan. Although you may be eager to purchase new furniture or accessories for your new home, please hold off. Account changes can affect your credit rating.
DO tell me, or ask me, about anything that may affect your loan. |
YOUR TASKS:
- Apply: Give us a clear picture of your financial situation so we can help you buy the home that’s right for you.
- Provide Documents: Gather the items on your Documents Worksheet.
- Questions: Ask as many questions as you need to feel comfortable with the loan process.
OUR TASKS:
- Listen: We want to learn about your financial situation, and your homebuying wants and needs.
- The Details: We’ll take time to carefully complete your application and ensure we have the most up-to-date and accurate information for your situation.
- Review Credit: We’ll look at your credit and discuss it with you. Let’s make certain the credit bureau has accurate information.
- Timeline: We’ll review all the steps in the application process and estimate when it will be complete.
ADDITIONAL RESOURCES
We’ve provided some additional resources below to help you along your way.
The Homebuyers Go-Time Checklist
Answer the questions in this checklist and share with your real estate agent in preparation for a targeted home search. Remember: There are no right answers. Only your answers.
Measurements Worksheet
Accurate measurements can go a long way in planning a move. To assist you in this process, we’ve provided this handy worksheet.
