How To Start The Process Of Buying A House May 2026

: Typically range from 2% to 5% of the home's purchase price.

: Your credit score is the single most powerful factor in determining your mortgage interest rate. Request a free report from AnnualCreditReport.com to check for inaccuracies and ensure your score meets the minimum requirements (typically 580–620 or higher). how to start the process of buying a house

Before looking at listings, you must determine what you can realistically afford. : Typically range from 2% to 5% of the home's purchase price

: Maintain a reserve of 3–6 months of living expenses to cover unexpected repairs after move-in. Phase 2: Mortgage Pre-Approval how to start the process of buying a house