First-Time Home Buyers
Buying your first home is an incredibly exciting and rewarding experience. This life milestone is a big one, and that’s why we’ll be with you every step of the way with the support and service you deserve. Let’s explore what you’ll need to know, and how we can help you buy your first home with ease.
Your 1st Step: Work with a Mortgage Expert to Get Pre-Approved
Being prepared and pre-approved by Directors Mortgage can be key to acting quickly with team of experts on your side when you find the right home.
Essential Tips & Advantages with Directors Mortgage
To Buy Your First Home
1. Guiding You Through the Mortgage Process With Ease
We’ll make sure you understand the process and have a clear expectation of what’s next at each stage. As an expert, we’ll share with you what to do during the home buying and loan process to make it a smooth experience.
2. Low and No Down Payment programs.
You don’t always need 20% down payment to buy a home. We offer many loan programs and solutions that allow for just 3%-5% down payment and even 0% down payment options for qualifying buyers.
3. Down Payment Assistance programs.
We’re dedicated to making homeownership more accessible, especially for first-time home buyers. We offer several Down Payment Assistance programs, so let’s connect and find out if there is one available for you.
4. Pre-Approval Advantage with earnest money protection up to $10,000 for financing.**
Making that first offer on your first home is a big step, and you’ll know you’re working with the right mortgage lender standing behind our services with this protection and commitment to you. We give you the confidence and extra peace of mind to take this big step with our Pre-Approval Advantage. Learn more about the Directors Mortgage Pre-Approval Advantage.
5. Helping you prepare to find and buy the right home.
6. Purchasing power identification.
7. Helping you compete against multiple offers.
8. Your credit score doesn’t need to be excellent.
9. We’ll work closely with you to truly understand your homeownership and financial goals.
10. We’re here for you even after the loan closes.
Getting Pre-Approved
Making that first offer on your first home is exciting, and we’re bringing you the confidence to make a strong offer by protecting your earnest money up to $10,000 for financing with the Directors Mortgage Pre-Approval Advantage.**
**Provides buyer or seller with financing protection of up to $10,000 (or lesser amount which is equal to earnest money), if the purchase agreement is canceled for any reason related to the financing contingency. Pre-Approval Advantage is based on information received from the borrower and should not be construed as a formal loan approval; nor does it acknowledge a full commitment to lend by Directors Mortgage.