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Expectations

What Can You Expect From the Home Buying Process?

The process of buying a new home may seem overwhelming and intimidating. Platinum Home Mortgage will assist you during the process by providing valuable advice and information.

Understanding the home buying process will help you know what to expect and how to plan:

1. Budgeting

Print and complete the worksheet to assist in the analysis of your current income and the other added costs associated with owning a home.

2. Calculators

Use these calculators as tools to assist your thought process for down payment, loan amount and the monthly payment you feel you would be comfortable making.

3.

Mortgage process

It is advisable to obtain a pre-approval from your Platinum Home Mortgage Consultant to leverage your negotiations when purchasing a home.  

4. Shop for a home

Find helpful steps in the search to find your new home

5. Closing

Closing is the final step in the home buying process at which time all fees, payments and exchange of funds is completed. After the closing, the title is transferred into your name and the sale is officially recorded. Then, you get the keys to your new home and move in!


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