First-Time Homebuyer Checklist for Frisco, TX

Your first-home game plan

Buying your first home feels like a lot. Here is the short version, in order.

1. Check your credit. Know your score and what is on your reports. Fix errors early.
2. Set a comfortable budget. Think payment, not just price, and include taxes, insurance and HOA.
3. Get pre-approved. It shows sellers you are serious and shows you what is realistic.
4. Gather documents. Recent pay stubs, W-2s or tax returns, bank statements and ID.
5. Ask about assistance. Texas has programs for eligible first-time buyers.
6. Hire a good agent. Local knowledge in Frisco matters.
7. Make an offer and schedule inspections.
8. Protect your file. No new debt, no big purchases before closing.
9. Close and celebrate.

Mistakes to avoid

• Shopping without a pre-approval.
• Draining all your savings for the down payment.
• Financing furniture before closing.

Frequently asked questions

How early should I start?

As early as you can, even months ahead. Starting early gives you time to improve credit and savings.

Ready for step one? Call (469) 414-5554.

By Kelly Welton, Mortgage Broker (NMLS #314183), Mohave Mortgage Texas Branch. Mohave Mortgage NMLS #1830581 · Texas Branch NMLS #2690682 · Equal Housing Opportunity. General information only, not a commitment to lend or financial advice. Programs, rates and guidelines vary and change.