How Much House Can You Afford? First Time Home Buyer Webinar Explained

Buying your first home can feel overwhelming — but it doesn’t have to be. In this First Time Home Buyer Webinar, mortgage expert William Jordan breaks down the entire home buying process step-by-step so you can confidently prepare to purchase your first home. You’ll learn how lenders determine how much you can afford, what credit score you need, how down payments work, and the biggest mistakes first-time buyers should avoid. Whether you’re planning to buy soon or just starting your research, this webinar will help you understand the numbers, the process, and the strategy behind buying a home. Topics Covered in This Webinar: •⁠ ⁠How lenders decide how much you can borrow •⁠ ⁠Understanding the Mortgage Triangle (Credit, Income, Assets) •⁠ ⁠How debt-to-income ratio works •⁠ ⁠Minimum credit scores for home loans •⁠ ⁠Down payment options (3%, 3.5%, VA 0% loans) •⁠ ⁠Closing costs explained •⁠ ⁠First time buyer assistance programs •⁠ ⁠The pre-approval process •⁠ ⁠Common mistakes first-time buyers make If you’re serious about buying a home, this video will help you prepare, avoid costly mistakes, and make smarter financial decisions. 👍 If you found this helpful, don’t forget to Like, Comment, and Subscribe for more real estate education and home buyer tips. 00:00 Introduction & Goals 05:15 The Mortgage Triangle: Credit, Income, Assets 12:30 Understanding Debt-to-Income (DTI) 20:45 The 2-2-2 Rule Explained 28:10 KFIT $10,000 Forgivable Loan Program 35:50 PA Assistance Programs 45:00 Q&A and Next Steps