Legacy Impact Planner
July 17, 2025
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First-Time Home Buyer Mistakes (and How We Help You Avoid Them)
- By Jim Blackburn
- on
- first time home buyer, purchase
Buying your first home is exciting — but it can also feel overwhelming.
There’s no shortage of advice out there, and unfortunately, not all of it is accurate or helpful.
At Stairway Mortgage, we’ve helped hundreds of first-time buyers navigate the process with clarity and confidence.
Here are the top mistakes we see — and how we help you avoid every single one.
Mistake #1: Shopping Without a Preapproval
Many buyers fall in love with a home before knowing what they can afford — only to get disappointed later.
What we do:
We help you get preapproved quickly so you can shop with power, make strong offers, and avoid emotional letdowns.
Mistake #2: Underestimating the True Cost of Buying
Down payment is just one part of the puzzle. Closing costs, taxes, insurance, and reserves all play a role.
What we do:
We walk you through a clear cost breakdown so you know exactly what to expect and how to budget. No surprises, no gimmicks.
Mistake #3: Listening to Outdated Advice
Your cousin who bought in 2012 probably means well, but today’s market, rates, and lending guidelines are totally different.
What we do:
We give you up-to-date, personalized advice based on today’s conditions and your specific goals.
Mistake #4: Not Comparing Loan Options
Many buyers take the first loan they’re offered — even if it’s not the best fit.
What we do:
As brokers, we shop dozens of lenders to give you side-by-side comparisons — so you understand your choices and feel confident picking the right one.
Mistake #5: Choosing the Wrong Team
Working with the wrong lender or agent can delay — or even derail — your deal.
What we do:
We work closely with trusted realtors and keep tight communication from start to finish. You’ll never be left wondering what’s next.
What Success Looks Like Instead
When you work with Stairway, you’ll experience:
• A clear path to preapproval
• A team that speaks your language
• Education every step of the way
• Confidence when you make your offer
• A smooth, well-managed closing
Ready to Take Your First Step?
Skip the guesswork. Take our quick Discovery Quiz to uncover your top financial priorities, so we can guide you toward the wealth-building strategies that fit your life.
- Takes just 5 minutes
- Tailored results based on your answers
- No credit check required
Need a Pre-Approval Letter—Fast?
Buying a home soon? Complete our short form and we’ll connect you with the best loan options for your target property and financial situation—fast.
- Only 2 minutes to complete
- Quick turnaround on pre-approval
- No credit score impact
Got a Few Questions First?
Let’s talk it through. Book a call and one of our friendly advisors will be in touch to guide you personally.
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