This formal check by a lender provides a pre-approval letter (typically valid for 60–90 days) that proves to sellers you are a serious and qualified buyer. Phase 2: Building Your Team
Buying your first house is a multi-step process that requires balancing your personal "affordability number" with the technical requirements of lenders. This guide breaks down the journey from financial preparation to receiving your keys. Phase 1: Financial Preparation buying your first house for dummies
Budget an additional 2% to 6% of the home's purchase price for various fees. This formal check by a lender provides a