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In this post, I will cover everything you need to know about buying your first home including how to prepare to buy your first home in 2022.

My book – My First Home was a #1 best-seller on Amazon.com and I have personally helped hundreds of First Time Home Buyers prepare to buy their first home.

First Step – Choose the Right Loan Officer/Lender

The first step of preparing to buy your first home in 2022 is to find the right loan officer and lending company. You should look for a Loan Officer and a mortgage lender that has very high review ratings online. You can also check with friends/family if they have worked with someone they would recommend. At InstaMortgage, we specialize in helping first-time home buyers like you. Our 4.9-star rating on Google shows how committed we are to customer service and experience.

Second Step – Get Pre-Approved

Once you have figured out which lender you want to work with, you would like to get pre-approved. Getting pre-approved helps you figure out your finances – how much loan you qualify for, how much down payment you should plan for, what will be your estimated monthly payments, and if anything you need to work on before you can be ready to buy your first home.

Note that we only do a soft pull for pre-approvals, so it doesn’t impact your credit scores negatively.

Third Step – Find the Right Home

Once you know your buying and loan limits you should work with a local expert real estate agent to help you find the right home for you. Depending on the competitiveness in the market, sometimes it might take a few offers before one is accepted. A good real estate agent will guide you about the offer price and other elements of the offer to maximize your chances of getting the offer accepted.

Fourth Step – Close on your Mortgage

The last step of preparing to buy your first home in 2022 is to close on your mortgage. After your offer gets accepted, you typically have 4-6 weeks to close on your mortgage. Immediately get in touch with your loan officer and provide all necessary pending documentation and information to get started on the formal mortgage approval process. A good loan officer and her team will work with you every step of the way to make sure the loan is approved and funded in a timely manner with a competitive interest rate and low fees. That’s what we do at InstaMortgage.

This is how you prepare to buy your first home. Get in touch today so that you can realize your dreams of being a homeowner in 2022.