{"id":13930,"date":"2020-04-29T15:32:23","date_gmt":"2020-04-29T15:32:23","guid":{"rendered":"http:\/\/www.intercaplending.com\/?p=13930"},"modified":"2023-11-22T03:26:52","modified_gmt":"2023-11-22T03:26:52","slug":"purchasing-your-first-home","status":"publish","type":"page","link":"https:\/\/www.intercaplending.com\/purchasing-your-first-home\/","title":{"rendered":"Buying Your First Home"},"content":{"rendered":"<div  class='avia-video avia-video-16-9 avia-video-html5  ' style='background-image:url(\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/whats-your-excuse.png\");'  itemprop=\"video\" itemtype=\"https:\/\/schema.org\/VideoObject\"  data-original_url='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/04\/Whats-Your-Excuse_.mp4' ><video class='avia_video' poster=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/whats-your-excuse.png\"   preload=\"auto\"  controls id='player_13930_2099424962_341905190'><source src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/04\/Whats-Your-Excuse_.mp4\" type=\"video\/mp4\" \/><\/video><\/div>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><p class=\"p1\" style=\"text-align: right;\"><a href=\"https:\/\/www.intercaplending.com\/comprar-una-casa\/\">Espa\u00f1ol<\/a><\/p>\n<\/div><\/section>\n<div  style='padding-bottom:10px; ' class='av-special-heading av-special-heading-h1    avia-builder-el-2  el_after_av_textblock  el_before_av_two_fifth  '><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >5 things you need to know to buy your first home<\/h1><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div>\n<div class=\"flex_column av_two_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-3  el_after_av_heading  el_before_av_three_fifth  \" style='border-radius:0px; '><div  class='avia-gallery  avia-gallery-1 avia_lazyload avia-gallery-animate avia_animate_when_visible  avia-builder-el-4  avia-builder-el-no-sibling '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><a class='avia-gallery-big fakeLightbox lightbox avia-gallery-big-crop-thumb ' href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-1030x1030.png'  data-onclick='1' title='Credit-Score-Report-v2' ><span class='avia-gallery-big-inner'  itemprop=\"thumbnailUrl\" ><img decoding=\"async\" class=\"wp-image-50140 avia-img-lazy-loading-not-50140\"  width=\"495\" height=\"400\" src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-495x400.png\" title='Credit-Score-Report-v2' alt='' srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-495x400.png 495w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-845x684.png 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/span><\/a><div class='avia-gallery-thumb'> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-1030x1030.png' data-rel='gallery-1' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-495x400.png' class='first_thumb lightbox ' data-onclick='1' title='Credit-Score-Report-v2'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-50140 avia-img-lazy-loading-not-50140\"   src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-495x400.png\" width=\"495\" height=\"400\"  title='Credit-Score-Report-v2' alt='' srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-495x400.png 495w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/Credit-Score-Report-v2-2-845x684.png 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/breaking-down-credit-score.png' data-rel='gallery-1' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/breaking-down-credit-score-495x400.png' class='lightbox ' data-onclick='2' title='What&#8217;s in a Credit Score?'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-21772 avia-img-lazy-loading-not-21772\"  data-avia-tooltip='What&#8217;s in a Credit Score?' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/breaking-down-credit-score-495x400.png\" width=\"495\" height=\"400\"  title='What&#039;s in a Credit Score?' alt='FICO credit score break down' srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/breaking-down-credit-score-495x400.png 495w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/breaking-down-credit-score-845x684.png 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/tips-for-raising-credit.png' data-rel='gallery-1' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/tips-for-raising-credit-495x400.png' class='lightbox ' data-onclick='3' title='Tips for improving your credit score?'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-21771 avia-img-lazy-loading-not-21771\"  data-avia-tooltip='Tips for improving your credit score?' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/tips-for-raising-credit-495x400.png\" width=\"495\" height=\"400\"  title='FICO Credit Score Tips' alt='Tips for improving your credit score?' srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/tips-for-raising-credit-495x400.png 495w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2020\/11\/tips-for-raising-credit-845x684.png 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/a><\/div><\/div><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-5  el_after_av_two_fifth  el_before_av_hr  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '  style='font-size:20px; '  itemprop=\"text\" ><h2 style=\"text-align: left;\"><strong>#1 Check your <a href=\"https:\/\/www.intercaplending.com\/credit\/\">Credit Score<\/a><\/strong><\/h2>\n<p style=\"text-align: left;\">A 620 or higher <a href=\"https:\/\/www.intercaplending.com\/credit\/\">credit score<\/a> is recommended. There are also options for lower credit scores. A <a href=\"https:\/\/www.intercaplending.com\/credit\/\">credit score<\/a> for a home purchase is called a <a href=\"https:\/\/www.myfico.com\/credit-education\/what-is-a-fico-score\" target=\"_blank\" rel=\"noopener\">FICO score<\/a>, which may be different from other credit scores. Click below for a free, no obligation FICO score in minutes. Your Intercap loan officer can also help you with suggestions on how to raise your score.<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-7  el_after_av_textblock  avia-builder-el-last ' ><a href='https:\/\/www.intercaplending.com\/credit\/'  class='avia-button  avia-color-theme-color   avia-icon_select-yes-right-icon avia-size-large avia-position-left '   ><span class='avia_iconbox_title' >CHECK MY CREDIT<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div>\n<div   class='hr hr-default   avia-builder-el-8  el_after_av_three_fifth  el_before_av_three_fifth '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-9  el_after_av_hr  el_before_av_two_fifth  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '  style='font-size:20px; '  itemprop=\"text\" ><h2><span class=\"s1\"><b>#2 Save enough money to cover closing costs and down payment (<a href=\"https:\/\/www.intercaplending.com\/no-money-down-options\/\">it&#8217;s less than you think<\/a>)<\/b><\/span><\/h2>\n<p class=\"p2\"><span class=\"s1\">Many first-time homebuyers qualify for <a href=\"https:\/\/www.intercaplending.com\/no-money-down-options\/\">little or no money down<\/a> programs like state housing, <a href=\"https:\/\/www.intercaplending.com\/fha-home-loans\/\">FHA<\/a>, and <a href=\"https:\/\/www.intercaplending.com\/usda-rural-home-loan\/\">USDA<\/a> loans. This government assistance not only lowers the down payment requirement, it also keeps the interest rate down so the monthly payment is manageable. There may also be first-time buyer incentives and grant programs available to help with down payment and closing costs. Down payment and closing costs vary by program and other considerations, so meeting with an Intercap Loan Officer to discuss your options is the best way to find out what\u2019s available.<\/span><\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_two_fifth  flex_column_div av-zero-column-padding   avia-builder-el-11  el_after_av_three_fifth  el_before_av_hr  \" style='border-radius:0px; '><p><div  class='avia-image-container  av-styling-    avia-builder-el-12  el_before_av_button  avia-builder-el-first  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-50142 avia-img-lazy-loading-not-50142 avia_image' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-300x300.png\" alt='Zero Down Home Loans' title='Zero Down Home Loans' height=\"300\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-300x300.png 300w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-1030x1030.png 1030w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-280x280.png 280w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-768x768.png 768w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-600x600.png 600w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-36x36.png 36w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-180x180.png 180w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-705x705.png 705w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-120x120.png 120w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-450x450.png 450w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-100x100.png 100w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp-45x45.png 45w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/saving-enough-for-dp.png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/div><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-13  el_after_av_image  avia-builder-el-last ' ><a href='https:\/\/www.intercaplending.com\/first-time-homebuyer\/'  class='avia-button  avia-color-theme-color   avia-icon_select-yes-right-icon avia-size-large avia-position-center '   ><span class='avia_iconbox_title' >CHECK IF I QUALIFY FOR NO MONEY DOWN<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div>\n<div   class='hr hr-default   avia-builder-el-14  el_after_av_two_fifth  el_before_av_two_fifth '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_two_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-15  el_after_av_hr  el_before_av_three_fifth  \" style='border-radius:0px; '><p><div  class='avia-image-container  av-styling-    avia-builder-el-16  el_before_av_button  avia-builder-el-first  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-50144 avia-img-lazy-loading-not-50144 avia_image' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-300x300.png\" alt='Helping first-time home buyers' title='Buy Your First Home' height=\"300\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-300x300.png 300w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-1030x1030.png 1030w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-280x280.png 280w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-768x768.png 768w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-600x600.png 600w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-36x36.png 36w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-180x180.png 180w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-705x705.png 705w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-120x120.png 120w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-450x450.png 450w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-100x100.png 100w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income-45x45.png 45w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/earn-enough-income.png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/div><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-17  el_after_av_image  avia-builder-el-last ' ><a href='https:\/\/www.intercaplending.com\/first-time-homebuyer\/'  class='avia-button  avia-color-theme-color   avia-icon_select-yes-right-icon avia-size-large avia-position-center '   ><span class='avia_iconbox_title' >CHECK IF MY INCOME QUALIFIES ME FOR A HOME LOAN<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-18  el_after_av_two_fifth  el_before_av_hr  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '  style='font-size:20px; '  itemprop=\"text\" ><h2><span class=\"s1\"><b>#3 Earn enough income to cover the monthly mortgage payment<\/b><\/span><\/h2>\n<p><span class=\"s1\">You need to show a steady income, usually from employment. This can be hourly, salary, or self-employed. Many first-time homebuyers don&#8217;t realize how close they are to qualifying for a mortgage. Understanding your best options based on your goals and situation is what we do. We never pressure anyone to buy before they are ready, and we are happy to work with you even if it takes months or years to buy. This is an important decision.<\/span><\/p>\n<\/div><\/section><\/div>\n<div   class='hr hr-default   avia-builder-el-20  el_after_av_three_fifth  el_before_av_three_fifth '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-21  el_after_av_hr  el_before_av_two_fifth  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '  style='font-size:20px; '  itemprop=\"text\" ><h2><span class=\"s1\"><b>#4 Decide if it&#8217;s worth <a href=\"https:\/\/www.intercaplending.com\/buying-a-home-vs-renting-a-home\/\">buying versus renting<\/a><\/b><\/span><\/h2>\n<p>Buying a home can be a big commitment, but it can also offer big rewards. When you consider how much you already pay to live somewhere, you could turn this rent into an investment. Let us calculate a <a href=\"https:\/\/www.intercaplending.com\/buying-a-home-vs-renting-a-home\/\">rent vs buy projection<\/a> so you can see the power of investing in your own property. If others can do it, so can you.<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-right  avia-builder-el-23  el_after_av_textblock  avia-builder-el-last ' ><a href='https:\/\/www.intercaplending.com\/buying-a-home-vs-renting-a-home\/'  class='avia-button  avia-color-theme-color   avia-icon_select-yes-right-icon avia-size-large avia-position-right '   ><span class='avia_iconbox_title' >CHECK IF IT\u2019S WORTH IT<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div><div class=\"flex_column av_two_fifth  flex_column_div av-zero-column-padding   avia-builder-el-24  el_after_av_three_fifth  el_before_av_hr  \" style='border-radius:0px; '><div  class='avia-gallery  avia-gallery-2 avia_lazyload avia-gallery-animate avia_animate_when_visible  avia-builder-el-25  avia-builder-el-no-sibling '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><a class='avia-gallery-big fakeLightbox lightbox avia-gallery-big-crop-thumb ' href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/buy-vs-rent.png'  data-onclick='1' title='Buying a home versus renting' ><span class='avia-gallery-big-inner'  itemprop=\"thumbnailUrl\" ><img decoding=\"async\" class=\"wp-image-4012 avia-img-lazy-loading-not-4012\"  width=\"495\" height=\"400\" src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/buy-vs-rent-495x400.png\" title='Buy vs Rent Home' alt='Buying a home versus renting' \/>\t<span class='avia-gallery-caption'>Buying a home versus renting<\/span><\/span><\/a><div class='avia-gallery-thumb'> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/buy-vs-rent.png' data-rel='gallery-2' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/buy-vs-rent-495x400.png' class='first_thumb lightbox ' data-onclick='1' title='Buying a home versus renting'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-4012 avia-img-lazy-loading-not-4012\"  data-avia-tooltip='Buying a home versus renting' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/buy-vs-rent-495x400.png\" width=\"495\" height=\"400\"  title='Buy vs Rent Home' alt='Buying a home versus renting' \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/cash-flow.png' data-rel='gallery-2' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/cash-flow-495x292.png' class='lightbox ' data-onclick='2' title='Rent vs Buy Cash Flow Gain'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-4013 avia-img-lazy-loading-not-4013\"  data-avia-tooltip='Rent vs Buy Cash Flow Gain' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/cash-flow-495x292.png\" width=\"495\" height=\"292\"  title='Rent vs Buy Cash Flow Gain' alt='Rent vs Buy Cash Flow Gain' \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/other-gains.png' data-rel='gallery-2' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/other-gains-495x197.png' class='lightbox ' data-onclick='3' title='Appreciation and Amortization Gains'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-4014 avia-img-lazy-loading-not-4014\"  data-avia-tooltip='Appreciation and Amortization Gains' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/other-gains-495x197.png\" width=\"495\" height=\"197\"  title='Appreciation and Amortization Gains' alt='Appreciation and Amortization Gains' \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/total-net-gain.png' data-rel='gallery-2' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/total-net-gain-495x376.png' class='lightbox ' data-onclick='4' title='Total Net Gain'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-4015 avia-img-lazy-loading-not-4015\"  data-avia-tooltip='Total Net Gain' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/total-net-gain-495x376.png\" width=\"495\" height=\"376\"  title='Total Net Gain' alt='Total Net Gain' \/><\/a> <a href='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/complete-scenario.png' data-rel='gallery-2' data-prev-img='https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/complete-scenario-495x400.png' class='lightbox ' data-onclick='5' title='Rent vs Buy Scenario'  itemprop=\"thumbnailUrl\"  ><img decoding=\"async\" class=\"wp-image-4016 avia-img-lazy-loading-not-4016\"  data-avia-tooltip='Rent vs Buy Scenario' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/complete-scenario-495x400.png\" width=\"495\" height=\"400\"  title='Rent vs Buy Scenario' alt='Rent vs Buy Scenario' srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/complete-scenario-495x400.png 495w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2019\/06\/complete-scenario-845x684.png 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/a><\/div><\/div><\/div><div   class='hr hr-default   avia-builder-el-26  el_after_av_two_fifth  el_before_av_two_fifth '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_two_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-27  el_after_av_hr  el_before_av_three_fifth  \" style='border-radius:0px; '><p><div  class='avia-image-container  av-styling-    avia-builder-el-28  el_before_av_button  avia-builder-el-first  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-50146 avia-img-lazy-loading-not-50146 avia_image' src=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-300x300.png\" alt='Do\u2018s and Dont\u2019s when buying a home' title='Do\u2018s and Dont\u2019s when buying a home' height=\"300\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-300x300.png 300w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-1030x1030.png 1030w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-280x280.png 280w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-768x768.png 768w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-600x600.png 600w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-36x36.png 36w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-180x180.png 180w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-705x705.png 705w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-120x120.png 120w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-450x450.png 450w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-100x100.png 100w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts-45x45.png 45w, https:\/\/www.intercaplending.com\/wp-content\/uploads\/2023\/06\/dos-and-donts.png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/div><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-29  el_after_av_image  avia-builder-el-last ' ><a href='https:\/\/www.intercaplending.com\/first-time-homebuyer\/'  class='avia-button  avia-color-theme-color   avia-icon_select-yes-right-icon avia-size-large avia-position-center '   ><span class='avia_iconbox_title' >START MY PATHWAY TO QUALIFICATION PLAN<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><\/p><\/div><div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-30  el_after_av_two_fifth  avia-builder-el-last  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h2><span class=\"s1\"><b>#5 <a href=\"https:\/\/www.intercaplending.com\/giraffe\/\">Do&#8217;s and Don&#8217;ts<\/a> as you get ready to buy<\/b><\/span><\/h2>\n<p><strong>Do these<\/strong><\/p>\n<ul>\n<li>Deposit your paychecks or other earnings into a bank account<\/li>\n<li>Pay your bills on time<\/li>\n<li>Submit your tax returns<\/li>\n<li>Speak to an Intercap loan officer and put together your Pathway to Qualification plan, including a credit check<\/li>\n<\/ul>\n<p><strong>Don&#8217;t do these<\/strong><\/p>\n<ul>\n<li>Quit your job<\/li>\n<li>Apply for bankruptcy<\/li>\n<li>Make big purchases that could negatively affect your credit or debt-to-income ratio<\/li>\n<\/ul>\n<\/div><\/section><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":29517,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buying Your First Home - Intercap Lending<\/title>\n<meta name=\"description\" content=\"Mortgages shouldn&#039;t be confusing. 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