Simplify your path to homeownership with our first-time buyer checklist. Expert support, flexible loan options, and a step-by-step plan built around you.
First-Time Homebuyer Checklist
The JD.Mortgage First-Time Homebuyer Checklist walks you through each stage of the buying process in plain language, from finding a trusted REALTOR® and setting your ideal budget to choosing the right mortgage program, making an offer, and closing on your new home. This guide is built to help buyers in all 49 licensed states, offering insight into VA, FHA, USDA, DPA, Conventional, and Non-QM loans, so you can feel confident every step of the way — even if you’ve faced challenges securing financing before.
Step-by-Step: First-Time Homebuyer Checklist
| Step | Action Item | Why It Matters |
|---|---|---|
| 1 | Choose a REALTOR® | Provides expert guidance through the home search and offer process |
| 2 | Set Your Budget | Keeps you financially secure and focused on affordable homes |
| 3 | Check Your Credit | Determines available loan programs and interest rates |
| 4 | Compare Loan Options | Finds the right fit based on your income, goals, and qualifications |
| 5 | Make an Offer | Begins the official mortgage and home purchase process |
| 6 | Finalize the Loan | Completes underwriting, appraisal, and title for loan approval |
| 7 | Close and Get Keys | Officially transitions you from buyer to homeowner |
Step 1: Work With a REALTOR® Who Knows Your Market
A seasoned real estate agent can help you avoid missteps and win in competitive markets. They’ll guide you through property searches, contract terms, and negotiations. Our team works with experienced agents across the country. Learn more about our agent partnerships.
Step 2: Define Your Budget Based on Monthly Comfort
Instead of focusing on the maximum you qualify for, we help you set a smart budget based on your preferred monthly payment. We evaluate your debt-to-income ratio (DTI), lifestyle, and long-term goals. Click here to build your custom pre-approval.
Step 3: Review Your Credit Profile (We’ll Help)
Your credit history affects both loan eligibility and pricing. But even if your score is low or inconsistent, we have options. We proudly offer VA loans with no minimum credit score, as well as FHA, USDA, and alternative financing. Check out your VA options here.
Step 4: Evaluate Your First-Time Buyer Loan Options
Loan programs like FHA, VA, USDA, Conventional 3%, and DPA are built with first-time buyers in mind. Our team will compare these for you, side by side, so you understand the pros, cons, and long-term costs. Explore your options now.
Step 5: Go House Shopping and Make an Offer
Once pre-approved, you’re ready to find the right home. Your agent will schedule showings and help you prepare a competitive offer. A strong contract sets your home loan process in motion.
Step 6: Final Loan Approval and Closing Prep
Appraisal, title, underwriting, and documentation all come together during this stage. We keep you informed at every turn, helping you stay calm and clear. Most closings happen in 30 days or less.
Step 7: Closing Day & Move-In
After a final walkthrough and document review, it’s time to sign, fund, and receive your keys. But our relationship doesn’t end there—we’re here for the long haul. Reach out anytime with questions.
We Help First-Time Buyers Succeed—Even If Others Say No
The JD.Mortgage team helps buyers with low credit scores, limited savings, or unique income qualify for home financing—even if they’ve been denied elsewhere. We offer full support and flexible programs, including VA, FHA, USDA, DPA, investment property, non-QM (DSCR, bank statement, ITIN), HELOCs, second mortgages, reverse mortgages, and construction loans.
More Than Just a Mortgage
Beyond home purchases, we also support refinances, cash-out strategies, and long-term planning. We lend in 49 states and help you make educated decisions at every step. Browse all loan programs or start your pre-approval now.
If you’re just starting and want a better grasp of the terms you’ll hear throughout the process, check out our full Mortgage & Real Estate Glossary. It’s designed to help first-time buyers make empowered, informed decisions.