BankCents

First-Time Home Buying: Pre-approval, Downpayments, & Advice


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So you want to buy your first home: what do you need to know? In this episode of BankCents our host, Greg Marantz, is joined by Lisa Smith, AVP, Mortgage Lender at BOS. From downpayments, interest rates, and loan pre-approval, Lisa and Greg discuss the mortgage process as it pertains to first-time home buyers, what they need to know, and how to get started.

Episode Topics Timestamps

  • Pre-approval 1:52
  • Steps for Pre-approval 2:42
  • What Not to Do at Pre-approval 3:55
  • Downpayments 5:33
  • Grants and Programs 6:00
  • After Signing the Contract 7:32
  • Refinancing Interest Rates 8:40
  • Advice 10:08

  • Apply for pre-approval or learn more about our offerings at mortgagewithbos.com.

    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.
    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.
    This podcast is for educational purposes. All loans are subject to credit approval. BOS NMLS 402619.
    Music by FASSounds from Pixabay

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    BankCentsBy Bank of Springfield