Learn How to Buy A Home in less than 15 Minutes with This Short, 4-part Series

This 4-part course brought to you by Jeff Garman & Northpointe Bank. Call to get prequalified for a home loan.

VIDEO #1 of 4: Credit

Questions to ask yourself:

  1. Have I been on-time with my car loan payments, my credit card payments and other payments that would affect my credit score?
  2. Are my credit card balances 50% of their limits or are most of my cards maxed out?
  3. Have I been applying for other loans and credit cards recently?
  4. Do I meet the minimum credit scores mentioned in this video to buy a home?

VIDEO #2 of 4: How Much House Can I Afford?

  1. Am I financially stable?
  2. Do I understand that a mortgage payment includes principal, interest, taxes, insurance and in some cases, mortgage insurance. 
  3. Do I understand if I put less than 20% down that I may be required to pay mortgage insurance?
  4. What is the 43% rule? Do I meet the minimum debt to income ratio?
  5. How much of a payment can I afford?

VIDEO #3 of 4: Employment

  1. Have I been in the same line of work for the last 2 years?
  2. Am I prepared to verify my current and past 2 years of income?
  3. Have I had any long-term gaps in my employment in the last 2 years?
  4. If I earn a commission or bonus on top of my hourly pay or salary, has it been consistent for the last 2 years?

VIDEO #4 of 4: Down Payment

  1. What amount will I be able to have for a down payment?
    • 0-3.5% of purchase price
    • 3.5% - 5% of purchase price
    • 5% - 10% of purchase price
    • 10% - 20% of purchase price
    • More than 20% of purchase

Pass the quiz and get a FREE starbucks gift card on us!


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Also, get your pre-qualification letter in hand within 48 hours! You could also qualify for up to $10,000 off closing costs!