5 Essential Tips for Preparing to Purchase a Property and Secure a Mortgage Loan

Mar 30

At Phil Phest Events, we understand that life’s biggest milestones often come in quick succession. After your wedding day, there are many exciting next steps—one of the most significant being purchasing your first home. We’re thrilled to introduce Jeremiah Blake, a professional mortgage loan officer with Primary Residential Mortgage, Inc., NMLS # 2102605. Jeremiah is dedicated to helping couples and individuals navigate the complexities of securing a mortgage with personalized care and expertise.

Just as we strive to ensure your wedding day goes off without a hitch, we want to support you through the next chapter of your life. Jeremiah’s in-depth knowledge of the mortgage process and his commitment to finding the best loan options for his clients make him an invaluable resource when you're ready to take the leap into homeownership. Whether you're a first-time buyer or looking to refinance, Jeremiah is here to guide you every step of the way

.1. Practice good credit practices.

Your credit score can help you get a better interest rate on your mortgage. So, avoid late payments and try to keep your credit card balances lower than 20% of your credit limit.

2. Save for down payment and closing costs.

I recommend saving at least 3-5% of your future home purchase price. However, some programs do not require down payments and can help you pay closing costs. It's always good to have savings in case of emergencies.

3. Employment

If you get a loan, you will need to pay it back. Most loan programs look for two years of previous work history.

4.Home-buying counseling

Meet with a licensed loan officer to learn about the home-buying process in detail and create a budget that will work for your situation and goals.

5. Get pre-approved and start searching for a home.

Bonus Content: How The Home Buying Process Works

Submitting documents and completing an application to get pre-approved. Most realtors require pre-approval before submitting an offer on a home. So, make sure you are pre-approved before searching Zillow , so you know what you can afford.

As you move forward with the exciting journey of homeownership, Jeremiah Blake and the team at Primary Residential Mortgage, Inc. are here to ensure the mortgage process is as smooth and stress-free as possible. At Phil Phest Events, we are committed to connecting you with trusted, high-quality professionals who are fully licensed, registered with the state, and insured for your peace of mind. Your next chapter starts here, and we’re with you every step of the way.