First Time Home Buyers
First Time Home Buyers Program
Buying your first home is an exciting milestone, but it can also feel overwhelming. That’s why Northpoint Mortgage is here to guide you through every step of the process. We specialize in first time home buyer loan programs, helping you find the best mortgage option to fit your needs and budget. From Fannie Mae’s HomeReady and Freddie Mac’s HomePossible to state-run first-time buyer programs with exclusive benefits, we’ll help you navigate your options and secure the best home loan. Let us simplify the journey to homeownership and make your dream of owning a home a reality.
Before You Start
The first step in buying a home is to connect with a loan officer to determine your ideal purchase price and explore the best mortgage loan options for your needs. Your loan officer will guide you in selecting the right loan program and down payment amount to fit your financial situation. Getting pre-approved early in the process allows you to move forward with confidence, showing real estate agents and home sellers that you’re a serious buyer. Take the first step toward homeownership today by speaking with a mortgage expert.
During The Search
Now that you know your home buying budget, work with your real estate agent to find homes within your price range and preferred location. Once you’ve found the perfect home, it’s time to submit an offer. Including your pre-approval letter with your offer strengthens your position as a serious buyer and increases the likelihood of acceptance. Let us help you navigate the home buying process with confidence and secure the best loan for your new home.
Mortgage Process
Once your offer is accepted, it’s time to finalize your mortgage application and move through the loan approval process. At Northpoint Mortgage, we’re with you every step of the way to ensure a smooth and stress-free experience. Your application and documentation will be reviewed and verified during processing. In underwriting, we confirm your qualifications, ensure the home appraises, and verify a clear title. Once everything is approved, your loan is Cleared to Close, bringing you one step closer to homeownership. With expert guidance from your loan officer, you can navigate the mortgage process with confidence and secure the best loan for your new home.
Closing On Your Home
With your loan approval secured, your file moves to our closing department, where we’ll coordinate a closing time and prepare all necessary documents for signing. On closing day, you’ll typically complete a final walkthrough of the home to ensure everything is in order before heading to the closing table. After signing the final documents, the keys are yours—it’s time to celebrate your new home!
First Time Home Buyers: 5 Mistakes To Avoid And Solutions
Buying your first home comes with many big decisions, and it can be as scary as it is exciting! It’s easy to get swept up in the whirlwind of home shopping and make mistakes that could leave you with regret later on. Read some of the most common mistakes that we see with first time home buyers...
WHAT OUR CLIENTS THINK
Mike at Northpoint was amazing! He went above and beyond throughout my mortgage process in helping me purchase my first home. He happily and patiently responded to my never-ending emails with questions. He's extremely knowledgeable and always very quick to respond. Highly recommend!
- Sean M.
Could have never asked for any one better than Rick. He is the best, very good listener.Returns calls and requests promptly and compassionately.very very very satisfied and happy that I found Rick for my help with my journey to buy a house.
- Rick A.
Was there when we needed and clearly explained the process. Highly recommend if you are looking for a personal mortgage experience and have a lot of questions.
- Mitch G.