First Home Guide is constantly working to simplify the home buying process. If you are a motivated buyer, eager to get into your first home, our FAST TRACK Home Buyers Program can get you there fast. The following steps and times are estimates, some people can find and move into a home in 30 days. For others it could take months. The important thing is to become a well-educated buyer, this will make the process faster and easier. The following system can help you find, purchase and move into your home in 60 days or less.

1. Get pre-approved.
   

   Steps:

   1. Phone interview - we pre-qualify you with basic info like credit score, income, rent history, monthly debt.
      Time: 30 minutes
   
   
   
   2. Appointment - Bring all your documents:
      
      1. If you are salaried: provide two years W-2 and one month of pay stubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
      2. If you own rental property, please provide rental agreements and two years tax returns.
      3. If you wish to speed up the approval process, please also provide three months bank statements for each bank, stock and mutual fund account.
      4. Provide recent copies of any stock brokerage or IRA/401K accounts that you may have.
      5. If you are requesting a cash out refinance please provide a letter explaining what you plan to do with the proceeds.
      6. Provide copy of divorce decree if applicable.
      7. If you are NOT a US citizen provide us with a copy of your green card (front & back), or if you are NOT a permanent resident provide us with your H-1 or L-1 visa.

During this appointment we will review your application, make sure we have all the necessary documents, sign the pre-loan documents and answer any questions you may have.
Time: 1 hour

2. Using the internet, and a realtor, find and visit homes in your chosen areas (city, zip code, etc.) and price range.
   The fastest way to find the right home is to utilize both a good realtor and the Internet. Using the Internet to identify some homes saves time for both you and your realtor. Generally, most of the homes available for sale in any city are viewable on the Internet and this allows you to quickly and efficiently narrow down your search to only those homes that meet your criteria. Your realtor may provide access to the MLS on their web site. The more knowledgeable you are about what you qualify for the faster you will find the right home.
   Time: 1 to 6 weeks



3. Make an offer and sign purchase agreement.
   When you find a home you want and you’re ready to make an offer, you will meet with your realtor to complete a purchase agreement. Your realtor presents your offer to the seller. Generally when you make an offer on a home, if your offer is below the asking or listing price, the seller will respond with a counter offer. Sometimes this process can take a couple of hours, other times it can take a couple of days.
   Time: 1 to 2 days



4. Home inspection and appraisal.
   Once the seller agrees to accept your offer, the next step is to have the home inspected and appraised. Generally all offers and purchase agreements are contingent on a satisfactory home inspection and an appraisal that supports the selling price. The home inspection and appraisal are generally ordered at the same time.

   Home Inspection - Your realtor should be able to order this and have it completed in 2-4 days.
   Time: 2-4 days
   Appraisal - Your mortgage loan officer should be able to order this and have it completed in 2-4 days.
   Time: 2-4 days

5. Close loan.
   The closing takes place at a title company and the attendees include the Sellers and their agent, the buyers and their agent and the mortgage loan officer. The buyers/borrowers must bring a valid drivers license and a cashiers check if they are bringing money to the close.
   Time: 1-2 hours



6. Move into your new home!!
   Congratulations! Once your closing is complete, you are given the keys to your new home!