Video: How to Finance a New Home

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Watch as a real-estate professional explains how to finance a new home in this free online video for novice homebuyers.

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Video Transcript

Hi, I'm John Jackson with Remax Suburban in St. Louis, Missouri. I'm here today to talk about how to buy a house for Expert Village. In this clip, we're going to talk a little bit about financing a new home purchase. It's probably the most important part of buying a new home. There are several steps involved and the first one is going to a bank, just like this one behind me here. Many banks are great options for home buyers. The other option being a mortgage broker. They are slightly different in the way they operate and the services and products that they offer. It's important to identify the type of home that you're going to be looking at and to be sure that with your purchase qualifications, the lender that you choose has the best purchase options, mortgage options for your particular situation. So I always recommend talking to at least two different lenders just to make sure that you are getting the best option available for you.

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How to Finance a New Home

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