First-Time Home Buyers
Buying your first home doesn’t have to be overwhelming. We’re here to simplify the process and help you make confident decisions.
William Close Group has specialized experience with first-time buyers, VA loans, and investment properties.
Buying your first home doesn’t have to be overwhelming. We’re here to simplify the process and help you make confident decisions.
The amount you need for a down payment depends on the type of loan you choose. While 20% is often mentioned, many programs allow for lower down payments, such as:
FHA loans: As little as 3.5%.
Conventional loans: 3% to 5% for first-time buyers.
VA or USDA loans: 0% for qualified buyers.
My team and I will help you explore options and work with Maddox Mortgage Group to find a loan that fits your budget.
Getting pre-approved is an essential first step, and having the right documents ready will streamline the process. Typically, lenders will ask for:
Proof of income: Recent pay stubs, W-2s, or tax returns.
Proof of assets: Bank statements, investment accounts, or gift letters.
Credit history: A credit report to evaluate your score and financial habits.
Identification: A valid photo ID (e.g., driver’s license or passport).
The Maddox Mortgage Group will guide you through the process, ensuring nothing is overlooked.
VA Loan Benefits Explained
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
We are a group of dedicated Real Estate Agents. We help each other with all aspects of the job such as writing contracts, assisting with showings, hosting open houses etc.