The 2023 First Time Homebuyer Guide from Your Local Mortgage Lender in West Asheville
I love being a first-time home buyer mortgage lender. The idea of helping someone purchase their first home is rewarding. I am in a position to allow people to improve their financial futures and have a home where they can make memories. I remember when I was a first-time home buyer, and I know what that feels like, so my goal at GoPrime Mortgage is to give people the tools they need to have a smooth experience.
Here are some of the things I’ve learned.
Make GoPrime Your First Call
The first thing anyone should do when preparing to buy their first home is to talk to an independent mortgage lender, like GoPrime Mortgage in West Asheville. Your mortgage lender will walk you through the pre-approval process, so there are no financial surprises. This also gives you a budget to look for the best home available.
Take a First-Time Homebuyer Class
OnTrack Financial of WNC is a fantastic organization that offers financial counseling and education for the community. One of their best programs is a first-time home buyers course that walks people through the process. OnTrack offers local in-person classes or access to an online option through eHome America.
Talk to a Trusted Real Estate Agent
The fun part is the next step, after you’ve been pre-approved and learned about the home-buying process. You want to choose a buyer’s agent who is knowledgeable about your area, can find good deals and can negotiate on your behalf. We can provide referrals if you’re uncertain about agents in the area.
Develop a Wish List
Buying a home is an emotional decision, even though you need to be practical. Leaving emotion behind is challenging to make a good choice, but it’s crucial to the process. But you can make some of your decisions ahead of looking by creating a wish list. Write down the must-haves for your home along with the nice to-haves. Then write down your deal breakers. Do this for the house and the type of neighborhood you want to live in.
Set Money Aside for Additional, Unexpected Expenses
Buying a home doesn’t mean your only cost is the downpayment and mortgage. You will also be responsible for closing costs and maybe some additional fees. You must also prepare for taxes, insurance, and other household-related expenses such as moving trucks or repairs. It’s also a good idea to save money for home maintenance, so you’re not surprised by a big bill whenever you need to complete work on the house.
Call, Click, or Come In!
GoPrime Mortgage in Ashville, NC, is here to help our neighbors find their road home. Talk with Zachery Adam and his team of independent lenders to start the process of getting pre-approved. Learn more at GoPrimeNC.com and contact us today.
Click here to talk to a first-time home buyer mortgage lender. Learn about an FHA loan in NC, loans for vacation homes, or a second home mortgage loan.