Knowing your financial picture is important. This means having an established budget and money management system. If you don’t know where to start, Balance is an OnPoint-recommended organization that offers financial management tools and counseling to assist you.
Before jumping into the home buying process, you may want to better understand that process. Many sources are available to teach you, including your lender. You may also want to enlist an organization dedicated to helping people become homeowners. OnPoint supports the work of the Portland Housing Center , which provides education and counseling services for prospective homeowners, free of charge. Similar programs exist in many communities. Balance is also an excellent resource for information and counseling for first-time homebuyers.
To learn more about financing, you’ll need a good lender. Look for a lender that you feel comfortable with and specifically offers first-time homebuyer options such as OnPoint’s Just for Starters or Homeroom mortgage program. Meeting with your lender early will allow you to determine how much you can spend, and even provide you with pre-approval. This will start your shopping experience off on the right foot, and you’ll be ready to put in an offer at the first can’t-miss opportunity.
Home Buyer’s Seminars
If you’re ready to speak to someone is person, OnPoint offers free Home Buyer’s Seminars where you can find everything you need to get started all in one place. OnPoint Mortgage Loan Officers and real estate agents are available to answer your questions.
Writer: Claire Harriman, Marketing Specialist | Marketing Services