First-Time Homebuyer Checklist
Buying your first home can feel overwhelming. This checklist breaks the process into clear steps so you know what to focus on and when. You don’t need to do everything at once. Use this as a guide to stay organized and move forward with confidence.
Want a Printable Version?
If you’d like to save or print this checklist, you can download a one-page version to keep handy.
Get Your Finances in Order
- Check your credit
Review your credit report and understand your score. Credit impacts loan options and interest rates.
- Review your budget
Know what monthly payment feels comfortable — not just what you might qualify for.
- Start saving
Plan for:
Down payment
Closing costs
Emergency savings
Learn the Basics
- Understand common loan types
Conventional, FHA, VA, USDA, and 203(k).
- Learn about homeownership costs
Mortgage payments aren’t the only expense. Plan for taxes, insurance, utilities, and maintenance.
- Set realistic expectations
Location, home size, and condition all affect price and monthly costs.
Get Pre-Approved
- Understand common loan types
Conventional, FHA, VA, USDA, and 203(k).
- Learn about homeownership costs
Mortgage payments aren’t the only expense. Plan for taxes, insurance, utilities, and maintenance.
- Set realistic expectations
Location, home size, and condition all affect price and monthly costs.
Start Your Home Search
- Choose a real estate agent
Look for someone experienced with first-time buyers and your local market.
- List your must-haves vs. nice-to-haves
Neighborhood, commute, size, and condition.
- Tour homes
Take notes so it’s easier to compare options later.
Make an Offer
- Choose a real estate agent
Your agent will help determine a fair offer.
- Submit your offer
Include your pre-approval letter.
- Negotiate terms
Price, repairs, credits, and closing timeline.
Inspections and Appraisal
- Schedule a home inspection
This checks major systems and structure.
- Review inspection results
Request repairs or credits if needed.
- Appraisal is completed
Confirms the home’s value for the lender.
Final Loan Steps
- Lock your interest rate
- Submit any final documents
- Review your closing disclosure
Understand your final costs before signing.
Closing Day
- Bring your ID
- Sign final paperwork
- Pay closing costs
- Get your keys
First-Time Homebuyer Checklist
This printable checklist breaks the process into clear steps so you know what to focus on and when.