Your Step-by-Step Guide

For first-time homebuyers, the process of purchasing a house can seem overwhelming, but it doesn’t have to be! Let JustChoice Lending be your guide. We're here to uplift and build communities, and will be by your side every step of the buying way.

The Benefits of Owning a Home

Buying a home is one part owning a piece of the American dream and one part having an asset that’ll appreciate in value. There are also tax benefits to owning, but most importantly, it’s your home and one that you can make your own.

The 5 Steps of Home Buying

Step 1: Review Your Finances

How’s your financial health? Before you get excited about homes that are on the market, you need to take a good look at your finances. You’ll want to make sure you can afford both the purchase and ongoing expenses associated with owning a home.

Step 3: Find a Lender

You’ll want to work with a lender who takes the time to understand your goals and will help identify the right loan for you. Your lender should also be communicative and someone that you’re comfortable connecting with.

At JustChoice Lending, we bring heart to what we do and are committed to providing first-time homebuyers with the service and attention they deserve.

Step 4: Get Pre-Approved

It’s important to understand the difference between the terms pre-qualified and pre-approved.

Pre-qualification simply means a lender has given you an estimate of how much they believe you could borrow based on the preliminary information you’ve provided. At this stage, there’s no guarantee that you will get the loan. It’s simply an estimate of what the lender might offer you if you qualify.

Pre-approval, on the other hand, means the lender has reviewed your finances, documentation, and determined your creditworthiness for buying a home. They’ve given you a set amount that you can borrow, plus the interest rate you qualify for. You can use this pre-approval to put offers on homes.

Step 5: Connect with a Realtor

Find a realtor who has a good track record of helping people in similar situations find homes, and who will look after your interests. You should also have a good rapport with your realtor and feel comfortable talking to them, as you’ll be working closely together until you find your new home.

Step 6: Close On Your New Home

JustChoice Lending is committed to matching first-time homebuyers to the right loans. And as a division of Fahe, we have access to first-time homebuyer programs that can help you with the down payment and closing costs.