First-Time Homebuyer's Guide

1. THE SCENT OF FRESH PAINT WITH A HINT OF EQUITY &
A DASH OF ACCOMPLISHMENT
FIRST-TIME
HOMEBUYER’S GUIDEWE’RE ALL ABOUT THAT NEW HOME SMELL
Priscilla
Sandoval
MORTGAGE LOAN ORIGINATOR
NMLS#1086967
720.465.7816

2. IT’S AN INVESTMENT IN
YOURSELF & YOUR FUTURE.”
PRISCILLA
SANDOVAL
MORTGAGE LOAN ORIGINATOR
WHY BUY? | 2
¡ ¢ £ ¤ ¥ ¦ § ¨ © ¡
¦ ¡ ¤ ¢ ¤ £ ¡
¢ ¡ ¨ ¥ ¦ ¥ ¡
¤ ¦ ¥ ¢ ¡ ¨ ¥ ¦ ¥ ¡
¤ ¢
WAKE
UP
SMELL
THE
EQUITY
BUYING A
HOME IS
A BIG DEAL!
! # $ % ' $ ( ) ( 0 $ 1 2 #
3 4 $ 5 1 6 4 ' # 3 6 $ 7 8 7 ' # $ 1 )
*The consumer should always consult a tax advisor for information regarding the deductibility of interest and other charges in their particular situation.

3. YOUR CREDIT
SCORE AFFECTS
YOUR LOAN’S
INTEREST RATE.
GENERALLY,
A HIGHER SCORE
EARNS YOU
A LOWER INTEREST
RATE MORE
LOAN OPTIONS.
WHAT’S A FICO SCORE?
GET FINANCIALLY
READY FOR A HOME
9 @ A B 9 A @
FINANCE | 3

4. TIMELINE | 4
MAJOR MILESTONES FOR THE
HOMEBUYING PROCESSTIMELINE
CALL
C D E E F G H I P G I Q R D R S T G D U
V I W R W U D Q G I X P T V Y Q G ` W a b H a a
F G H I b H I I S U Q D U ` c H Q H I S
R G D E a D U ` ` S Q S I d W U S e f W b f
E G D U g I G R I D d a d W R f Q h S
h S a Q a H W Q S ` c G I F G H I U S S ` a i
1
INSPECT
p a q F G H I I S D E Q G I c G I D U
Q f S f G H a S a G F G H b D U d D q S
D U W U c G I d S ` ` S b W a W G U i
5
CLOSING DOCS
r G H I E S U ` S I e W E E a S U ` F G H D
e f W b f ` S a b I W h S a Q f S Q S I d a
G c F G H I E G D U D U ` f G e
d H b f F G H e W E E U S S ` Q G g D F
D Q b E G a W U R i
s S S g D R S t u c G I d G I S W U c G i
9
PRE-APPROVAL
q U G e f G e d H b f F G H b D U
s S S g D R S v c G I d G I S W U c G i
2
LOAN ESTIMATE
r G H I E S U ` S I e W E E a S U ` F G H
E G D U w W U b E H ` W U R F G H I b E G a W U R
b G a Q a D U ` E G D U Q S I d a i
s S S g D R S x c G I d G I S W U c G
6
CLOSING
P G a Q b E G a W U R a Q D q S g E D b S D Q
g D F F G H I b E G a W U R b G a Q a i p Q
Q f S b E G a W U R Q D h E S w F G H
b E G a W U R ` G b H d S U Q a i
s S S g D R S t t c G I d G I S W U c G i
10
OFFER
y W U ` F G H I f G d S D U ` a H h d W Q
F G H I I S D E Q G I € W c D b b S g Q S ` w
g H Q ` G e U F G H I S D I U S a Q
d G U S F ` S g G a W Q i
s S S g D R S  c G I d G I S W U c G i
3
APPRAISAL
r G H I P T V e W E E G I ` S I D U
G c F G H I f G d S i
7
TITLE
b G U Q I D b Q Y d D q S a a H I S Q f S I S
a g S b W c F W U R e f G G e U a Q f S
c G I d G c D ` S S ` i
11
APPLY
s f D I S Q f S R I S D Q U S e a
p a q F G H I P T V Q G a S U `
4
INSURANCE
s f G g D I G H U ` D U ` g H I b f D a S
Q G g I G Q S b Q F G H I a S E c W U b D a S
G c D ` W a D a Q S I G I D b b W ` S U Q
8
MOVING DAY
12

5. HOMEBUYING TEAM | 5
YOU HAVE YOUR
BEST INTEREST IN
MIND. SO DO WE.
MEET YOUR HOMEBUYING TEAM.
1
2
3
4
5
6
7
THE MORTGAGE LOAN ORIGINATOR
THE REALTOR®
THE TITLE OFFICER
THE ESCROW OFFICER
THE HOME INSPECTOR
THE APPRAISER
THE INSURANCE AGENT

6. LOW DOWN PAYMENT
PROGRAMS AVAILABLE!‚
LOANS | 6
YOUR LIFE PLANS
AREN’T THE SAME AS
YOUR NEIGHBORS’.
YOUR LOAN SHOULDN’T BE EITHER.
1
Mortgage insurance may be required on loans greater than 80% loan-to-value and will increase your monthly payment.
2
Limited to certain Jumbo programs.
FHA
VA
LOCAL
CONVENTIONAL
ƒ
JUMBO
„
USDA
ƒ

7. 1
2
3
4
5
720.465.7816
PRE-APPROVAL | 7
GATHER THE FOLLOWING:
• SOCIAL SECURITY NUMBER
• ONLINE BANKING INFO
• PAY STUBS
• LAST TWO YEARS’ W-2S
• LAST TWO FEDERAL TAX RETURNS
• TWO MONTHS’ WORTH OF BANK STATEMENTS
OF ALL TYPES OF ACCOUNTS
5 REASONS IT’S CRUCIAL TO GET A PRE-APPROVAL
MAKE SOMEONE ELSE
DO THE MATH
KNOW HOW MUCH HOUSE YOU CAN AFFORD.
MOST SELLERS WON’T ACCEPT AN OFFER WITHOUT A PRE-APPROVAL.
WIN THE OFFER AGAINST OTHER BUYERS THAT DON’T HAVE PRE-APPROVALS.
PRE-APPROVALS CARRY MORE WEIGHT THAN A PRE-QUALIFICATION.
INCREASE YOUR CHANCE OF GETTING ACCEPTED.

8. … †
9 ‡ ˆ 9
‰ 
ˆ ‘ A
’
WHAT’S INCLUDED IN AN OFFER?
“
PRICE
“
TERMS
“
PRE-APPROVAL
“
TITLE
“
PRORATE
“
COSTS
“
DEED
“
REQUIREMENTS
“
CONDITIONS
“
CLOSING DATE
“
EARNEST MONEY
MAKING
AN OFFER
TIPSNEGOTIATING
A COUNTER OFFER
MAKING AN OFFER | 8

9. LOAN ESTIMATE | 9
“
SUMMARY
“
INSURANCE
“
PI
“
PAYMENT
“
CASH
“
ITEMIZED
“
ADJUSTABLE
# 1 4
“
ESCROW
“
SERVICES ”
$ 4
WHAT IS A
LOAN ESTIMATE?
“
CALCULATIONS
4
( 4 % ) 1
“
DISCLOSURES
“
INTENT
PAGE 1
PAGE 2
PAGE 3
AFTER YOU COMPLETE
A LOAN ESTIMATE

10. CLOSING DISCLOSURE | 10
WHAT ARE
CLOSING
DISCLOSURE
DOCUMENTS?
PAGE 1
“
LOAN,
“
INTEREST
‡ A ˆ •
“
MONTHLY
“
CLOSING
PAGE 2
“
ITEMIZED
“
PREPAID
“
ESCROW –
• ˆ A

B —
PAGE 3
“
CALCULATION
“
TRANSACTION
A @
–
— • B B • ‡
PAGE 4
“
LATE
“
PARTIAL
“
ESCROW
PAGE 5
“
TOTAL
“
FINANCE
“
CONTACT
“
SIGNATURE
ˆ 9
THREE DAYS BEFORE THE CLOSING DATE
AFTER YOU SIGN

11. THE BIG DAY | 11
THE BIG DAY
WHAT HAPPENS AT CLOSING?
PREPARE BEFORE:
AT THE CLOSING TABLE:
AFTER SIGNING DOCS:

12. CUSTOMER SERVICE | 12
Linda L.
THE PEOPLE
THAT WORKED
WITH ME WERE
KNOWLEDGEABLE
AND CARING.
THEY SEEMED
INTERESTED IN MY
SUCCESS, PATIENT,
AND REASSURING.
BORROWING FROM
US IS LIKE
BORROWING FROM
A FRIEND
…BUT A LOT LESS AWKWARD,
HIGHLY RECOMMENDED.

13. CONTACT US TODAY TO
GET STARTED!
YOU HAVE
YOUR BEST
INTEREST
IN MIND.
SO DO WE.
GET STARTED | 13
This is not a commitment to lend. Program restrictions apply. Home MortgageAlliance, LLC operates only underThis is not a commitment to lend. Program restrictions apply. Home MortgageAlliance, LLC operates only under
its legal name in Colorado and Wyoming and also under the trade name of Equity Mortgage Group in Oregonits legal name in Colorado and Wyoming and also under the trade name of Equity Mortgage Group in Oregon
and Washington. Home MortgageAlliance, LLC is a Delaware Limited Liability Company headquartered atand Washington. Home MortgageAlliance, LLC is a Delaware Limited Liability Company headquartered at
4601 DTC Blvd, Suite 150, Denver, CO 80237 855.335.8484. Company NMLS#1137507 (www.nmlsconsumeraccess.org).4601 DTC Blvd, Suite 150, Denver, CO 80237 855.335.8484. Company NMLS#1137507 (www.nmlsconsumeraccess.org).
Home MortgageAlliance, LLC is licensed, registered, or exempt from licensing to conduct business in the following statesHome MortgageAlliance, LLC is licensed, registered, or exempt from licensing to conduct business in the following states
which require license disclosure on advertising materials: Department of Financial Institutions Washington Consumerwhich require license disclosure on advertising materials: Department of Financial Institutions Washington Consumer
Loan Company License #CL-1137507. Home MortgageAlliance, LLC is an authorized FHAloan lender, and offers manyLoan Company License #CL-1137507. Home MortgageAlliance, LLC is an authorized FHAloan lender, and offers many
loan products. Contact a Home MortgageAlliance, LLC representative to learn more. This information is accurate as ofloan products. Contact a Home MortgageAlliance, LLC representative to learn more. This information is accurate as of
August 3, 2018. ©2018 Home MortgageAlliance, LLC.All Rights Reserved. JHM180166.August 3, 2018. ©2018 Home MortgageAlliance, LLC.All Rights Reserved. JHM180166.
Priscilla Sandoval
MORTGAGE LOAN ORIGINATOR
NMLS#1086967
4601 DTC Boulevard
Suite 150
Denver, CO 80237
BRANCH NMLS#1137507
O 720.465.7816
C 806.206.4816
psandoval@homemortgagealliance.com
homemortgagealliance.com