What's the first step to buying a home?

Real Estate Agent with Brokers Hub Realty SA514778000

What is are the necessary steps to becoming a home owner?

Well, first things first, you have to make the decision to stop paying rent and/or living at home with family, and venture out on your own and start creating your very own wealth, by becoming a home owner.

So what's the first step? Getting approved for financing. There are several different ways to obtain a loan, FHA, Conventional, USDA and VA. What do all those mean? Read on reader! 

Does it COST Money to get pre approved for financing? Believe it or not, I've had people ask this question, NO, it doesn't cost a dime, just some time!

FHA is a Government back loan, typically used for first time home buyers, requires little money down and the seller can cover up to 3% of the buyers closing costs. Rates are going to be a tad bit higher if you get approved for a grant money program that helps cover your down payment and some closing costs.


Posted by



Chris Dunham
The Real Estate Guy™


"Equal Housing Opportunity"

Brokers Hub Realty

Comments (1)

Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Yes, getting pre-approved is definitely one of the first things a buyer should do!

Mar 26, 2023 05:15 AM