Buying your first home is one of the biggest financial decisions you'll ever make. Whether you're eyeing a condo in Diamond Bar or a single-family home in Walnut, this guide walks you through every step of the process — from saving for a down payment to getting the keys.
Step 1: Check Your Financial Health
Before you start browsing listings, take stock of your finances. Lenders will look at your credit score, debt-to-income ratio, and savings. A credit score of 620 or higher opens up most conventional loan programs, while FHA loans are available with scores as low as 580.
Pro Tip
Don't open new credit cards or take on new debt while you're preparing to buy. Lenders check your credit again before closing, and any changes can delay or derail your approval.
Step 2: Get Pre-Qualified
Pre-qualification gives you a clear picture of how much home you can afford. It also shows sellers that you're a serious buyer. At NetCORE Lending, our pre-qualification process takes just a few minutes online.
No impact to your credit score. Results in minutes.
Step 3: Explore Loan Programs
As a mortgage broker, we shop over 50 lenders to find the best rate and program for your situation. Here are the most popular options for first-time buyers:
FHA Home Loans
Government-backed loans insured by the Federal Housing Administration. Designed for first-time homebuyers and those with lower credit scores or smaller down payments.
Learn More →Conventional Mortgages
A traditional mortgage not insured by the federal government. Ideal for borrowers with strong credit and stable income who want competitive rates and flexible terms.
Learn More →Ready to Get Started?
The journey to homeownership starts with a single step. Contact our team today for a free consultation — we'll help you navigate every step of the process with confidence.
Get Pre-Qualified in 60 Seconds
See how much home you can afford with no impact to your credit score.