Type of Service:

Select Service... Home Purchase Home Refinance Equity Line

Type of Property

Select Property Type... Single Family Multi-Family Condo Townhome Mobile Home

Your Credit Rating:

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First-Time Home Buyer Guide

1. Review your credit report. Before you apply for any major line of credit, whether it's an FHA home mortgage loan or an auto loan, always check your credit report. Check over your report for accuracy and dispute any erroneous items. You can get a free credit report each year from all three credit bureaus, so take advantage of the offer. Also review your credit report to assess your strengths and weaknesses as far as your creditworthiness. This will help you as you apply for an FHA home mortgage loan.


2. Select a competent real estate broker. Getting the best house at the best price with your FHA home mortgage loan is much easier when you have the expertise of a competent real estate professional. The commission is well worth what you will save yourself in hassle and the price of your home. Ask your colleagues, family, or friends for recommendations on real estate agents and interview each candidate thoroughly.


3. Start house hunting. By this step, you should've already discussed with your real estate agent and your family what you need from a home. Based on these needs, make a list of what features are important to you in your new home. Make sure you differentiate between wants and needs. When shopping, take into consideration the size, features, and location of the home.


4. Choose your FHA home mortgage loan lender. Use our site to shop around among lenders to see who will offer you the lowest-cost, highest-value FHA home mortgage loan. Experts recommend that you get at least 3-4 quotes from different lenders before making a decision. Remember that your lender will need to be federally-qualified and able to originate an FHA home mortgage loan.


5. Apply for your FHA home mortgage loan & close the deal. After you decide on your lender, apply for your FHA home mortgage loan online. Once you apply and are approved, you will then enter the closing process. Keep good records of the closing paperwork and make sure to read all of the documents you sign.

Let FHA Home Mortgage Loan help you buy your dream home today!