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About 25 minutes

First-Time Homebuyer

Understand affordability, credit, and the buying process before you shop.

Steps in this learning path

  1. 1
    Calculator

    Estimate your affordability

    See a price range that fits your income, debts, and lifestyle.

    Open this calculator →
  2. 2
    Article

    Understand how credit fits in

    How credit scores and credit history influence loan program eligibility, pricing, and mortgage insurance costs.

    Read this article →
  3. 3
    Article

    Compare common loan programs

    A structured comparison of FHA and Conventional loans across down payment, mortgage insurance, credit flexibility, and loan limits.

    Read this article →
  4. 4
    Article

    Review down-payment options

    How down payment size influences loan program eligibility, mortgage insurance, monthly payment, and total interest.

    Read this article →
  5. 5
    Article

    Prepare your documents

    A practical checklist of common mortgage documentation: income, assets, identity, property, and program-specific items.

    Read this article →
  6. 6
    Next Step

    Get pre-qualified

    Continue to next step →

Other learning paths

You can also browse the full resource library, explore every loan program, or look up unfamiliar terms in the mortgage glossary.

Understanding your options is the first step. Acting on them is the next.