Home-Buying Guide
Thinking about buying a home? We have information that can help.
If you are ready to apply for a loan, please fill out a loan application.
Got questions? Call us at 314-329-7314!
1. Figure out how much you can afford
What you can afford depends on your income, credit rating, current monthly expenses, down payment and the interest rate.
2. Know your rights
Fair Housing: Equal Opportunity for All– brochure
Real Estate Settlement Procedures Act (RESPA)
Borrower’s rights Predatory lending
3. Shop for a loan
Looking for the best mortgage: shop, compare, negotiate– brochure
Let FHA help you Learn about interest only loans
4. Shop for a home
Wish list– what features do you want?
Home-shopping checklist – take this list with you when comparing homes
5. Make an offer
6. Get a home inspection
For Your Protection Get a Home Inspection
10 Questions to ask a home inspector
7. Shop for homeowners insurance
Homeowners insurance 12 ways to lower your homeowners insurance costs
8. Sign papers You’re finally ready to go to “settlement” or “closing.” Be sure to read everything before you sign!
Settlement Costs and Helpful Information
If you are ready to apply for a loan, please fill out a loan application.