Buyer's Checklist 

Congratulations on your decision to purchase a new home! There are many important factors to consider throughout the process, especially if you're a first-time homebuyer. Here's some suggestions to keep you on track and help you understand the purchase process better. If you have any questions, click on the Contact tab to have a representative contact you.

 

BORROWER'S CHECKLIST

1. Figure out how much home you can afford

  • Calculate your monthly income and debt.

2. Apply for a mortgage loan with Blue Dolphin Capital

  • Choose the type of mortgage program that works best for you.

  • Complete the initial loan process requirements.

  • Receive your loan commitment in a little as a few days!

3. Find a realtor

  • If you are not currently working with a realtor and need assistance, click on our "Partner" tab to request a real estate concierge today!

4. Determine what you want and need in a home

  • Choose a location.

  • Choose a home type.

  • Choose your price range.

  • Choose a size for your property.

5. When you find that perfect home that you can afford, have your realtor put in an offer

  • Determine the purchase price.

  • Define a move-in date.

  • Once both parties agree to the terms, sign the Purchase and Sale Agreement.

6. Finalize steps of the mortgage process

  • The Lender will order your home appraisal.

  • We will help you find a professional home inspector.

  • Provide all required documents to complete the loan process with the lender.

  • Do a walk-through inspection prior to closing.

  • Set aside cash for the closing costs and down payment.

7.  Closing​

  • Close on your loan and get ready to move in!