Congratulations! You’re considering buying your very first home. It may feel like a daunting prospect, especially when you consider all of the steps involved—like finding a good location, getting the right number of bathrooms, putting in an offer before someone else does, and engaging in bidding wars.

Fortunately, we’re here to help you navigate a pretty important step of the home-buying process: the mortgage loan! Prequalifying for a loan helps you understand your budget and what you can afford, so when the right opportunity comes up, you can grab it.

As the video below explains, your Guardian Savings Bank loan officer takes several things into consideration when calculating the amount of your loan, such as your employment history, credit score, and down payment. They can even help you determine if you qualify for first-time-homebuyer grants where a down payment may not be required!

We help first-time homebuyers achieve their dreams every day. Watch the video below to learn more about the mortgage loan process and contact us today to get started.

Ready to get started? Contact a Guardian Savings Bank mortgage specialist today!