First-Time Homebuyers

Buying your first home can feel overwhelming—but it doesn’t have to. Parish Lending walks you through every step with clear guidance, tailored programs, and friendly support.

Get Pre-Approved Book a Call Email Erica

First-Time Buyer Quick Start

Answer a few questions and we’ll show you what programs and payments may fit you best.

What to Expect as a First-Time Buyer

Pre-Approval: Know your budget before you shop
Down Payment Options: As low as 3% down with some programs
Closing Costs: Understand fees, credits, and seller-paid options
Monthly Payment: Principal, interest, taxes, insurance, and possibly HOA

Popular First-Time Buyer Programs

Conventional 97 (3% down)
FHA Loans (3.5% down, flexible credit)
VA Loans (0% down for eligible veterans)
USDA Loans (0% down in eligible rural areas)
Down Payment Assistance (state and parish programs may apply)

Steps to Buying Your First Home

1. Get pre-approved
2. Find a real estate agent you trust
3. Shop for homes within your budget
4. Make an offer with your pre-approval letter
5. Complete inspection & appraisal
6. Close and get your keys!

Documents You’ll Need

Copy of valid ID (Driver’s License, Passport, etc.)
Paystubs covering the most recent 30-day period with YTD totals
2 years W-2s
2 years signed/filed Federal Tax Returns
2 months of most recent bank statements (all pages)

Tips for First-Time Buyers

Don’t open new credit cards or make big purchases before closing
Save extra for moving, furnishings, and unexpected expenses
Ask about seller credits and assistance programs
Stay in touch with your lender for smooth communication

Ready to buy your first home?

Parish Lending makes the process simple, clear, and stress-free for first-time buyers.

Start Application Book a Call Email Erica