The Home Buying Process

Purchasing a new home can be very stressful, especially for someone who hasn’t gone through the process before. Getting a mortgage for this purchase should not be a source of frustration and anxiety during a time when you are excited to make your purchase and begin a new journey.

A home purchase is typically one of the largest financial transactions you will make. It is important to make the right decisions and keep an eye on the details. With the assistance of your Real Estate Agent and a knowledgeable Loan officer, the process should be efficient and pleasant.

First Down Mortgage, LLC – NMLS 1920842 helps take the worry and confusion out of the financing process. You can count on us to:

Help guide you in selecting the best loan option to meet your personal situation and goals

Keep you informed throughout the entire process of next steps and applicable timelines

Engage your Real Estate Agent or any other applicable parties throughout the process to make it a seamless and efficient experience


A phone conversation with your dedicated Loan Officer is simple and fast. After discussing your purchasing goals and financial situation, we can provide guidance on the loan options that are best suited for you. We can then issue a pre-approval and loan estimate of costs for you to confidently utilize as you are shopping for your home.


Once you have put in an offer on a home or gone under contract, we can submit your documentation to the lender. This would include any pertinent credit, income, and asset documents your loan officer indicates will be required. We will also coordinate ordering an appraisal on the new home and getting in contact with the closing agent that will assist with closing procedures. The lender will review your file for compliance and will issue their lending decision.


When a lender issues conditional approval, there are typically a few items that are needed to clear your loan to close. For example, evidence that you have a new homeowner’s insurance policy set up to take effect on your closing date. Once these items are provided and reviewed, you will be issued a clear to close. At this stage, all the financial figures associated with the purchase will be finalized and you will receive your closing disclosure to review. You will receive this document at least 3 business days before your scheduled closing date. On the closing date, you will sign required loan documents with the closing agent and issue your required funds due to them. Upon receipt, they will fund the proceeds to the seller and provide you the keys to your new home.

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Chad and his team are the best in the business. We closed in 23 days on a refinance and it only took that long because of the threat of a hurricane. Chad is persistent but not pushy, and his team is extremely knowledgeable. Their system and process makes things incredibly easy. I’d absolutely recommend them to anyone in need of a mortgage.

- Adam Werner

My wife and I worked with Chad to secure a home loan for our recent purchase. Chad and his team made the loan process simple and the document gathering was very streamlined and efficient. We switched lenders shortly after going under contract, and Chad worked with our expedited timeline. Chad and his team did an amazing job, and stayed on top of every detail. We didn’t have any issues on closing day. Chad secured a much lower rate, at a lower cost than any of the other lenders that had pre-approved us already. I highly recommend Chad to anyone that is looking for a mortgage. You won’t be disappointed!

- Korey Godsey

Chad is a true professional. Amazing communication and focuses on the details about what the customer needs. Is extremely willing to be flexible with his schedule to accommodate customers. Highly recommend.

- Kyle Bosworth

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