Preparing to purchase your first home can be overwhelming. From having to be confident in your creditworthiness to finding the right agent (or not) and home; it can all cause serious anxiety for first-time buyers. At ZYYAH, we make it our business to cheer our community on every step of the way when it comes to owning a home. We’ve compiled a list of a few things you can start doing right now to prepare for and work towards the purchase of your first home.
We hope this helps take the edge off and encourages you to take the next (or first) step in owning your very first home!
When you’re applying for a home loan, it’s crucial you have your finances and credit in good condition. For first-time homebuyers, this means having at the very least a 580 credit score (suitable for some FHA loans) or next best a 620 to start. These scores will get you a home loan secured at a rate that fits your financial picture. The higher your score, the better your interest rates, so it’s best to check your credit report and begin cleaning up hiccups in your report as soon as possible.
You don’t have to be filthy rich to become a first-time homeowner, so don’t fret. But you do need to have money in the bank to cover potential down payment and closing costs and to show lenders you’re in good financial space. Though your down payment will depend on your mortgage and lender, it’s best to begin saving as soon as you can. Some lenders only require as little as 3% down for buyers with excellent credit and many first-time homeowners can secure a 3.5% requirement for their down payment. Begin thinking about how much you intend to spend on a home or utilize a free calculator to assess how much home you can afford so you have a benchmark for saving.
Before you begin shopping for homes, you need to know just how much you can afford. That’s where your lender or agent comes in. If you have a real estate agent in mind, reach out and let them know you’re ready to begin the loan pre-approval process. Many agents already have a list of lenders they work with directly and may be able to secure you a good rate working alongside them. If you don’t have an agent or decide to decline, begin looking at lenders nationwide, locally, or at your current financial institution to start the pre-approval process. Once you know how much you’re working with, it’s far easier for you or your agent to know where you should begin looking for homes.
Many states and cities have programs in place that offer a wide variety of incentives to first-time buyers like lower interest rates, closing cost assistance, or even down payment assistance. You’ll want to look up programs in your area you qualify for and reach out. Many programs even provide tax breaks to first-time buyers.
Now that you’ve taken these steps, you’re prepared to get looking for your perfect home. Whether with a friend, alone, or with an agent, it’s best to keep your options open. Not only should you shop around for the best mortgage rates and programs, but you’ll also want to stay open to finding gems when you get to the point of looking for your new home.
Purchasing your first home is an exciting and sometimes stressful time. There’s a lot to accomplish before you can get to the more glamorous parts like looking at homes. But once you start getting everything working towards your goal of homeownership, you’ll find that, while sometimes overwhelming, it’s within your reach.
So what are you waiting for?! Start getting your finances together, searching for first-time homeownership programs, saving money, and carving your unique path to the home you’ve been dreaming of. And when you’ve found that home, our team at ZYYAH will be ready to provide the best insights to support your home.
Stay on the lookout for the release of the ZYYAH app so you can get personalized insights and suggestions straight to your phone!
Welcome back, luxury seekers! For those who believe that only the finest will do when it comes to bathroom upgrades,…
Read MoreWelcome back, home aficionados! If you're a homeowner with a budget that knows no bounds and you're ready to create…
Read MoreHello, bathroom enthusiasts! Are you ready to take your bathroom upgrades to the next level? If you have a budget…
Read MoreWelcome back, home enthusiasts! If you're itching to continue upgrading your bathroom without denting your wallet, you're in the right…
Read MoreHey there, bathroom renovators! If you've got a bit more wiggle room in your budget and are ready to take…
Read MoreHey there, home improvement enthusiasts! Today, let’s talk about one of the most overlooked spaces in your house: the bathroom.…
Read MoreWelcome back, kitchen aficionados! For those who believe in sparing no expense when it comes to creating the perfect culinary…
Read MoreIf you’re looking to transform your culinary sanctuary into a luxurious haven of style, innovation, and functionality, then you’re in…
Read MoreAre you ready to take your culinary sanctuary to the next level? If you’ve got a budget of $1,000 or…
Read MoreHey there, kitchen enthusiasts! So, you’ve tackled some budget-friendly upgrades and now you’re ready to take things up a notch…
Read MoreWelcome back, kitchen aficionados! Ready to take your culinary sanctuary to the next level (without draining your wallet)? You’re in…
Read MoreHey there, home improvement enthusiasts! Today, let’s talk about one of the most vital spaces in your house: the kitchen.…
Read MoreIn the world of home interior design, the Wabi-Sabi design style has been gaining popularity for its unique approach to…
Read MoreIn the world of home interior design, the Hygge design style has been gaining popularity for its emphasis on comfort…
Read MoreThe Grandmillennial style is a unique interior design trend that beautifully blends traditional and modern elements, creating a timeless and…
Read MoreBiophilic design enhances well-being with nature by incorporating natural elements into home environments to create a harmonious and calming atmosphere.…
Read MoreStep into a world of scholarly elegance with the Dark Academia design style. Defined by its moody, intellectual aesthetic, this…
Read MoreAre you a fan of the industrial chic interior design trend? Do you love the raw, edgy vibes of exposed…
Read MoreStep back in time to the glamorous era of the roaring twenties with 1920s inspired Art Deco home decor. This…
Read MoreAre you someone who is drawn to vintage shabby chic romantic home decor? Do you love the idea of incorporating…
Read MoreAre you interested in seamlessly blending traditional and modern decor elements in your home? If so, you may want to…
Read MoreAre you dreaming of a space filled with classical French influences and timeless elegance? Look no further than French Neoclassical…
Read MoreAre you looking to bring a touch of old-world charm and elegance to your home? Consider incorporating Spanish Colonial design…
Read MoreThis unique home interior design is a fusion of vibrant colors, bold patterns, and natural elements that bring a touch…
Read MoreWhen it comes to interior design, there are countless styles to choose from. However, if you're looking to create a…
Read MoreAre you tired of the same old traditional home design and looking for something bold, energetic, and contemporary? Look no…
Read MoreEffortlessly blending vintage and modern elements creates a unique and visually stunning vintage eclectic charm interior that captivates the eye.…
Read MoreVictorian style, renowned for its intricate details and ornate furnishings, can bring an aura of sophistication and timeless beauty to…
Read MoreIndustrial rustic interior design ideas have become increasingly popular in recent years, offering a unique and stylish blend of two…
Read MoreIn recent years, farmhouse interior design has seen a resurgence in popularity. This style exudes warmth and comfort, making it…
Read MoreIn the world of home design, there are numerous styles to choose from, each reflecting a different era, culture, or…
Read MoreWhen it comes to home design, the essence of the desert can bring a unique and captivating aesthetic to any…
Read MoreThe Pueblo Revival style is a beautiful and timeless architectural style that originated in the southwestern region of the United…
Read MoreA kitchen contrasting the warm simplicity of French Provincial with the more ornate Parisian style. Contrasting Parisian Style and French…
Read MoreStep into the world of French Baroque opulence for luxurious homes and experience a taste of extravagance like never before.…
Read MoreA lush and vibrant lawn is the envy of every homeowner, providing a beautiful backdrop and a place to relax…
Read MoreWhen it comes to creating a cozy and charming atmosphere in your home, two popular interior design styles that often…
Read MoreWhen it comes to home design, Danish Modern and Mid-Century Modern styles have gained immense popularity in recent years. In…
Read MoreFrench Provincial design is known for its timeless elegance, rustic charm, and intricate detailing. With its historical roots dating back…
Read MoreFrench Country Interior Design brings a touch of rustic elegance and cozy charm to any home. With its warm color…
Read MoreThe Gothic Revival: Inspiring Medieval-Style Interiors In the grand tapestry of architectural history, the Gothic Revival movement holds a prominent…
Read MoreBlending modernity with Gothic charm is an exciting endeavor when it comes to home design. By incorporating dramatic elements of…
Read MoreVictorian Gothic is a unique style that combines the elegance and architectural intricacies of the Victorian era with the dark…
Read MoreWelcome to the whimsical world of Rococo interior design! In this blog post, we will delve into the signature characteristics…
Read MoreCountry Traditional Charm: What are some essential elements to create a cozy and inviting country-style interior? If you're looking to…
Read MoreAre you dreaming of transforming your home into a breathtaking masterpiece filled with grandeur and opulence? Look no further than…
Read MoreAre you looking to add a touch of glamour and elegance to your home? Look no further than Hollywood Regency.…
Read MoreAre you looking to bring a warm, rustic charm into your own home? Look no further than Santa Fe style.…
Read MoreIf you're searching for a design style that exudes elegance and timeless charm, look no further than Dutch Colonial. Combining…
Read MoreIn the world of interior design, there is something undeniably charming about styles that evoke a sense of history and…
Read MoreIf you are a fan of timeless elegance and effortless sophistication, then French Colonial style might be just what you…
Read MoreWhen it comes to creating a tranquil and relaxing home, Greek Coastal design is an excellent choice. This style embraces…
Read MoreEnhancing your mountain home naturally When you think of a mountain-style home, images of cozy cabins nestled in the picturesque…
Read MoreOur furry friends bring immeasurable joy and love into our lives. As pet owners, it is our responsibility to ensure…
Read MoreAre you someone who loves to embrace creativity and self-expression in your home? In this blog post, we will explore…
Read MoreWhen it comes to interior design, the Parisian style is synonymous with elegance and sophistication. Whether you have visited the…
Read MoreHave you ever dreamed of escaping the hustle and bustle of daily life and immersing yourself in a serene coastal…
Read MoreAre you drawn to clean lines, neutral tones, and a clutter-free environment? If so, then Nordic Minimalism might just be…
Read MoreTransport yourself to the rustic charm of an Italian Villa and achieve an aesthetic that exudes timeless elegance and a…
Read MoreAre you tired of cluttered spaces and complicated designs? Do you long for a home that exudes simplicity and functionality?…
Read MoreAre you drawn to the raw urban aesthetic of industrial modern home design but worried that it may not create…
Read MoreAre you a fan of clean lines and clutter-free spaces? If you find joy in simplicity, then minimalist interior design…
Read MoreAre you a fan of retro-inspired yet contemporary interior design? Do you often find yourself drawn to the sleek lines…
Read MoreSwedish Country style is a timeless and elegant design aesthetic that brings warmth and harmony into any home. With its…
Read MoreStep into a world of rich heritage with Spanish Revival interiors. Known for their warmth and character, these interiors have…
Read MoreIn today's competitive real estate industry, networking and building professional relationships have become more crucial than ever. Mastering real estate…
Read MoreIn this blog post, we will guide you through the process of creating an effective cleaning schedule for your home.…
Read MoreDid you know that incorporating plants and greenery into your home design can have a profound impact on your mental…
Read MoreThe recently implemented NAR ruling has created ripples within the real estate industry, prompting realtors to evaluate how their commissions…
Read MoreA productive daily routine is crucial for new real estate agents who strive for success in the competitive market. With…
Read MoreIn the competitive world of real estate, cold calling plays a vital role in prospecting and generating leads. A well-crafted…
Read MoreIn the world of real estate, trust and credibility are everything. Clients want to work with agents who not only…
Read MoreIn the competitive world of real estate, attracting and retaining first-time homebuyers as clients can be a challenging task. However,…
Read MoreIn today's digitally-driven world, social media has emerged as a powerful tool for real estate agents to enhance their client…
Read MoreAre you a painter looking to increase your repeat business? Building a strong customer base and fostering loyalty is key…
Read MoreIn the highly competitive world of plumbing, it's crucial to implement effective lead generation strategies to ensure a steady stream…
Read MoreIn today's digitally-driven world, where consumers heavily rely on online reviews to make purchasing decisions, it is crucial for home…
Read MoreAs a contractor, finding ways to reduce overhead is crucial for maximizing profits and staying competitive in the industry. In…
Read MoreAre you a roofing contractor looking to expand your customer base and generate more leads for your business? In today's…
Read MoreBoost your home service company's local Google Maps ranking to attract more customers and increase your online visibility. As more…
Read MoreWhen it comes to home decor, the choices are endless. From rustic charm to urban chic, there are various styles…
Read MoreAs a homeowner, it's important to be prepared for basic home repairs that may arise unexpectedly. Having the right tools…
Read MoreWhen it comes to home design, Scandinavian simplicity has taken the world by storm. Scandinavian design is known for its…
Read MoreAh, the bathroom. It’s more than just a functional space; it’s a sanctuary, a place to unwind and refresh. If…
Read MoreThe mellowness of autumn offers a unique opportunity to infuse your home with warmth and charm. As the days get…
Read MoreIn the era of remote work, the home office has become more than just a convenience; it's an essential part…
Read MoreFeeling cramped in your current living space? Dreaming of an extra bedroom, a sun-filled sunroom, or perhaps a rental suite?…
Read MoreThe bedroom is not merely a place to sleep; it's a personal sanctuary where one retreats from the bustle of…
Read MoreTime-Saving One of the main professional home cleaning benefits is the gift of time. Let experts handle the cleaning while…
Read MorePet insurance is a specific form of insurance coverage designed to assist pet owners in managing the costs of veterinary…
Read MoreAs the summer season approaches, it's important to prepare your home for the hot weather ahead. Proper preparation ensures comfort,…
Read MoreMidcentury modern design has captured the hearts of design enthusiasts and homeowners alike, experiencing a remarkable resurgence in popularity in…
Read MoreBuying a home is an exciting and significant milestone in one's life. However, it can also be a complex process…
Read MoreBuying a home is a significant decision, and having the right realtor by your side can make a world of…
Read MoreIn recent years, the allure of tiny homes as an alternative way of living has captured the hearts and minds…
Read MoreSummer is here, and while some may be jetting off to exotic destinations, not everyone has the luxury of traveling.…
Read MoreIn today's world, where environmental concerns are increasingly important, adopting sustainable practices in our daily lives has become crucial. Three…
Read MoreIn today's fast-paced world, juggling multiple responsibilities while ensuring the well-being of our beloved pets can be a challenge. Thankfully,…
Read MoreMaintaining a comfortable and efficient indoor environment is essential for every homeowner. When it comes to heating, ventilation, and air…
Read MorePlanning a vacation is an exciting time, but don't forget to take care of your home while you're away. Having…
Read MoreIn the realm of kitchen design, a new trend has emerged in 2023: green painted kitchen cabinets. Homeowners and interior…
Read MoreIn recent years, there has been a remarkable surge in the trend of thrifting furniture and decor for home interiors.…
Read MorePreparing your home before going on vacation is essential for ensuring its security, functionality, and peace of mind while you're…
Read MoreIn the pursuit of environmentally responsible and sustainable living, alternative housing options have emerged as viable alternatives to conventional homes.…
Read MoreHiring professional landscapers for your home can offer a range of benefits. Here are some of the key advantages: Expertise…
Read MoreOwning a home is a significant investment, and protecting it should be a top priority. Home insurance offers a range…
Read MoreJapandi, a design style that seamlessly combines the elegance of Japanese minimalism with the simplicity of Scandinavian design, has captured…
Read MoreBuying a home is an exciting milestone, but it can also be an overwhelming process, especially if you're unfamiliar with…
Read MoreEmbarking on a home remodel can be an exciting yet challenging endeavor. To ensure a successful outcome, it's crucial to…
Read MoreAre you feeling overwhelmed by clutter or struggling to find a place for all your belongings? Adding more storage to…
Read MoreCreating an eco-friendly backyard not only benefits the environment but also allows you to enjoy a beautiful outdoor space that…
Read MoreYour roof plays a vital role in safeguarding your home, providing protection and security against the elements. However, roofs have…
Read MoreIf you're tired of the minimalist and Scandinavian-inspired design trends that have dominated home decor for years, then maximalism might…
Read MoreIf you're looking to make your kitchen more eco-friendly, there are several simple changes you can make that will help…
Read MoreThe real estate market is constantly changing, and there are several factors that can impact the value of your home…
Read MoreIf you have a small room in your home, you may feel limited in terms of what you can do…
Read MoreAs a homeowner, you may encounter electrical issues from time to time. Some issues may seem minor and can be…
Read MoreKeeping a home clean and organized can be a daunting task, but it doesn't have to be. With some simple…
Read MoreSelling your home can be a daunting task, but a good realtor can make the process much smoother and stress-free.…
Read MoreHome gardens have become increasingly popular in recent years as people seek ways to reduce their carbon footprint, improve their…
Read MoreWhen it comes to protecting your home and loved ones, home security is a top priority. With so many options…
Read MoreWhen it comes to giving your home a fresh look, painting the walls can be one of the easiest and…
Read MorePlumbing is one of the most important systems in our homes and commercial buildings. It provides us with clean water…
Read MoreAs much as we love our pets, living with them can present unique challenges when it comes to keeping our…
Read MoreSelling a home can be an exciting, yet overwhelming experience. One of the most important aspects of the selling process…
Read MoreAt ZYYAH, we believe that investing in your home and investing in the environment are interconnected. To help you make…
Read MorePests are a common problem that many homeowners face. Whether it's insects, rodents, or termites, pests can cause damage to…
Read MoreWhether you've just moved into a new home or want to refresh your current space, there are many ways to…
Read MoreAre you looking to create a cozy and inviting atmosphere in your home? Adding indoor plants to your decor is…
Read MoreIf you're planning to sell your house, you want to get the most value possible for it. Whether you're looking…
Read MoreThey say you should always build on a strong foundation, but how often are those words of wisdom taken literally?…
Read MoreWhether you're in an area affected by harsh winter storms or not, making sure you, and your insurance coverage are…
Read MoreTechnology shapes the way we live, so it only makes sense that it shapes how we buy and sell real…
Read MoreBuying a home can be stressful, buying a home during the holidays usually magnifies those feelings. If you are adding…
Read MoreIt’s not fun to think about what you would do if disaster were to strike but taking some time to…
Read MoreOne question that has driven our team forward in the development of the ZYYAH App and is ‘how can we…
Read MoreDo you have a fall checklist to make sure your home is prepared for the colder months to come? If…
Read MorePreparing to purchase your first home can be overwhelming. From having to be confident in your creditworthiness to finding the…
Read MoreTimes are changing and the need for cloud-based storage or encrypted data expands. We want to keep you up to…
Read MoreIt’s true, more homeowners are moving toward sustainable practices in their homes. As the seasons change and the weather heats…
Read MoreWith more homeowners making the transition to sustainable homes, as real estate agents, being able to support clients on the…
Read MoreSummer is swiftly approaching, and we want you to get a head start on preparing your home for all of…
Read MoreAt some point in time, everyone wants to know what the majority of the things around their home are worth.…
Read MoreGot a small budget and a little bit of elbow grease? Try these easily accessible projects. At ZYYAH, we know…
Read MoreIf you’re a new homeowner with little experience managing your home, here is a checklist curated especially for you. At…
Read More