1st Source Bank

Homebuyers Guide

At one time or another, most Americans dream of owning their own home. For most, it's also the largest, most complicated purchase they will ever make. Without an understanding of what's involved in buying a house, it's almost impossible to keep up with the process, forcing you to depend on others to make decisions for you. You don't need to become a real estate agent to buy a house, but it's to your advantage to be as informed as possible.

This guide will help take some of the confusion and uncertainty out of the home buying experience.  Review this information and follow the steps and you’ll be on your way to being a homeowner. 
  1. Getting started: how much house can you afford?
  2. Mortgage Basics – Things you need to know
  3. Mortgage pre-approval
  4. Finding a Home
  5. Making an Offer
  6. Insuring your Home
  7. Closing your Loan

1st Source Bank NMLSR ID: 645641