FAQs

Start by determining your budget, getting pre-approved for a mortgage, and working with a licensed real estate agent to find suitable properties.

Mortgage pre-approval means a lender has reviewed your finances and agreed to lend you a certain amount. It shows sellers you're a serious buyer.

Down payments vary, but typically range from 5% to 20% of the home's price. Some loans allow as little as 3% down.

Expect to pay closing costs (2–5% of the home price), inspection fees, appraisal fees, and ongoing costs like property taxes and insurance.

From house hunting to closing, it usually takes 1–3 months, depending on market conditions and financing.