• Check your credit score (aim for 700+ for the best rates)
•  Pay down debts to improve your debt-to-income ratio (ideally under 36%)
•  Save for a down payment (minimum 3.5% for FHA, 20% to avoid PMI)
•  Research different loan types (Fixed, ARM, FHA, VA, etc.)
•  Get pre-approved with a trusted mortgage lender

• Compare interest rates and loan terms (15-year vs. 30-year)
• Understand monthly payments and how they fit your budget
• Ask about mortgage insurance (PMI) and how to avoid it
• Review closing costs (expect 2-5% of the home price)

• Gather required documents
  • Proof of income (pay stubs, W-2s, tax returns)
  • Credit history report
  • Bank statements
  • Employment verification
• Get a Loan Estimate to see full mortgage costs
• Lock in your interest rate when ready

• Schedule a home inspection and review results
• Get a home appraisal (required by the lender)
• Secure homeowners insurance before closing
• Review your Closing Disclosure (final loan terms & fees)
• Bring a cashier’s check for closing costs, Sign final paperwork & get the keys to your new home!

Download this checklist as a printable PDF! https://shared.xara.com/iQ6fa5LOBD

Have questions? Comment below or DM me @PeterManciniPenRealty for expert advice!