If you know what to expect - and have a trusted team of real estate and mortgage lending professionals to guide you - finding and financing your first home can be an exciting and rewarding experience. Here’s what you need to know.

Obtain Mortgage Preapproval Before You Begin House Hunting

  • Learn how much home you can purchase
  • Strengthen your bargaining position with sellers

Choose a Real Estate Agent

  • Ask mortgage lenders to recommend agents they work with
  • Select a reputable professional who knows the market and will listen to your needs
  • Ask agents for references from former clients

Finding the Right Home

  • Determing the needs of you and your family
  • Create a wish list of desirable features
  • Take notes as you preview homes

Make an Offer

  • Your real estate agent presents your offer to the seller, who will accept, counter or reject it
  • When the price is settled, you and the seller sign a Purchase Agreement, defining the terms of the sale

Have the Home Inspected

  • Hire a professional home inspector after the offer has been accepted to provide an in-depth look at the basic systems
    of the house, to reveal any safety hazards and give you a chance to reconsider the deal

The Home Will Be Appraised

  • An appraisal, required by your mortgage lender, is a formal, written estimate of the home’s current market value Obtain Title Insurance (where applicable)
  • This guarantees that the property you are purchasing is free of liens or confusion in rights of ownership
  • The policy insures against any losses to the property that results from defects in the title or deed

Close on the Property

  • Ownership of the property is transferred
  • A closing agent coordinates and distributes all the paperwork and funds

And now you become the proud owner of your new home!

Whatever your home financing needs, We’re ready to help with a broad range of programs, money-saving options and personalized service.


HUD Settlement Book

Uniform Residential Loan Application

Tax Return Request

Acknowledgement of GFE &
RESPA Disclosure


Borrowers Certification & Authorization

Connecticut Application Disclosure

Equal Credit Opportunity Act Disclosure

Gift Letter

Intent to Proceed

Glossary