clock menu more-arrow no yes

Filed under:

First-Time Homebuying Mistakes to Avoid

Buying your first home is an exciting prospect, but the process can also be daunting, time-consuming, and complex. If you know the potential pitfalls up front, you're much more likely to avoid the mistakes that can later cause buyer's remorse.

A perfect example of this is choosing the wrong mortgage loan for your situation. As a first-time homebuyer, you have specific mortgage needs that not every lender can accommodate. That's why you should check out the SoFi mortgage.

The SoFi mortgage was designed with early stage professionals in mind. Unlike a traditional mortgage, with a SoFi loan you can put as little as 10% down on loans up to $3 million without having to pay expensive private mortgage insurance. And with SoFi's unique underwriting approach and flexible debt-to-income limits, you can get more financing for the home you really want – even if you're still paying off student loans.

Find your rates online today and get started with SoFi's headache-free application process — and get closer to the awesome milestone of owning your first home.