Purchasing a Home for the First Time?
Embarking on the journey of buying your first home is an exciting milestone. At VA Help Center, we’re here to guide you through every step of the process, from answering your initial questions to helping you make informed decisions.
With years of experience assisting first-time homeowners, we understand the challenges and are dedicated to making this experience as smooth as possible.
What Can You Afford?
Leave the calculations to us. Instead of stressing about affordability, we’ll quickly help you determine what you can comfortably afford. We are well-versed in the major factors that affect first-time homebuyers’ qualifications.
Here are some of the key questions we’ll discuss with you:
- Are you interested in a 100% purchase with no money down?
- What is your current monthly debt (including late payments, judgments, or derogatory marks)?
- What is your gross monthly income?
- What do you estimate your credit score to be?
- Do you have a specific property in mind, and where would you like to buy?
- What type of loan program are you interested in (30, 25, 20, or 15 years)?
- How long do you plan to stay in the house? (This will help determine whether a fixed or variable rate is best for you. Most homeowners stay in their homes for about 3 to 5 years before making changes to the loan.)
- Will you be the only one on the loan?
Once you have this information, give us a call at (801) 871-3739 for a pre-approval. We’re here to help you take that important first step!