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First-Time Home Buyers
Before you start house hunting, let’s make sure your credit, income, employment, and funds to close are ready.

Buying your first home is exciting — but let’s be honest, it can also feel confusing, expensive, emotional, and slightly like someone handed you a 400-piece puzzle with no picture on the box.

You're not just looking for a house, you are looking for clarity.

You need to understand what you can afford, how much money do you really need, what your monthly payment will look like, what happens after you make an offer, and how to avoid surprises that could derail the process.

That is where education matters.

Biggest Concerns:

Home Buying Explained
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Understanding Your Credit Report

Your credit report tells the lender how you have handled borrowed money in the past. FHA does not expect perfect credit, but it does need to see that you are ready, stable, and able to manage the mortgage payment.

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Understanding Your Qualifying Income

Your income is not just how much money you make. For mortgage qualifying, the bigger question is: what income can be documented, verified, calculated, and reasonably expected to continue?

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Understanding Your Employment History

The lender does not just take your word for it. They need proof that you work where you say you work.

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Understanding Your Assets and Funds To Close

It is not enough to have the money. The lender needs to know where the money came from, whether it is allowed, whether it can be documented, and whether it is available for closing.

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Understanding the Down Payment Programs

If you want to use down payment assistance, you need to know which program fits your loan, what money you still need to bring, what rules apply, and what can stop the deal.

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Jennifer J. Hill Mortgage Broker | Comedian | Speaker

​Mortgage Broker | NMLS 238593
jennifer@almortgageinc.com
​Comedian | Speaker
jenhill104@gmail.com
303.901.6042

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