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.

For years, the National Association of Realtors has reported that homebuyers say finding the right home is the top challenge to buying. Being prepared and pre-approved by Directors Mortgage can be key to acting quickly when you find the right home. We’ll help review options and know what’s next to prevent any delays that could keep you from getting the home you’ve been looking for.

6. Purchasing power identification.

We’ll work closely with you to identify key information like your home purchasing power, so you can find a home in a price range with a payment you are comfortable with.

7. Helping you compete against multiple offers.

We work with you and your realtor to bring our Directors Mortgage Pre-Approval Advantage to the table to help make your offer stand out against the competition and help structure a winning purchase offer. In a multiple offer situation, having the advantage can make the difference to get you into the home you want.

8. Your credit score doesn’t need to be excellent.

Your credit score is just one of the many factors considered during mortgage pre-approval process. With many home loan solutions for lower credit scores at Directors Mortgage, we’ll go through options and considerations to get you where you want to be.

9. We’ll work closely with you to truly understand your homeownership and financial goals.

Whether your goals are to have more control over your living environment, more stability in your housing, deepen your roots in the neighborhood, build wealth through real estate, or other goals you have in mind, we’ll keep that all in mind when working with you to find the right mortgage to fit your goals.

10. We’re here for you even after the loan closes.

Our mission at Directors Mortgage is to be your Mortgage Specialist for Life, and that’s why we’re here for you for many years as a new homeowner even after your loan closes. Whether to look at different options in the future or just ask questions, we’re here for you.

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.