Homebuying Basics

Welcome to Homebuying 101

There are many important things to consider throughout the homebuying process, especially if you’re a first-time homebuyer. Here’s some information that will keep you on track.

Real Estate Agent Responsibilities

Preview available homes to weed out those that are overpriced or undesirable in some other way
Present the homes that suit your needs as you've defined them
Help you determine the difference between a “good buy" and a property that, because of its nature (neighborhood, market appeal, etc.), might have to be discounted if you decide to sell in the future
Negotiate the best deal for you — with a pre-approval letter from SSB in hand, your real estate agent will be able to demonstrate that you are a qualified and capable borrower

Security Mortgage Responsibilities

Assist you in selecting the best loan to meet your personal situation and goals
Keep you informed of your loan status throughout the entire process
Keep your real estate agent informed of our loan progress (though your personal information is always kept confidential between you and the bank; only status updates and progress are shared)
Get the appropriate loan for you with the best rates and fees, which will save you significant money "up front" and throughout the years to come

Your Responsibilities

Keep your real estate agent and personal banker informed of any questions or concerns as they develop
Keep the process moving by providing documentation and decisions as soon as reasonably possible
Enjoy purchasing your home but try to remain objective throughout the process so you can make the business decisions that are best for you
Make sure you are pre-approved as early as possible

Let’s Get Started

We will work with you every step of the way to make the homebuying process as quick and easy as possible.