I remember when my wife and I first got married. We decided to rent, we had dreams of purchasing a home but didn't think we could afford the payments or the maintenance. We knew what we wanted, but houses were selling quickly and we hadn't done the math. So for the next seven months purchasing became just that, a dream.

It wasn't until a while later when we decided once in for all, we were going to do it. We were going to buy our first home, but what was involved what was the process. In relation to financing, the process can be summed up into four steps: Prequalification, Preapproval, Approval and Possession.

To view the process in detail, please click the following link.