Buying a home is a complex multi-month journey that requires balancing financial readiness with emotional goals. In 2026, the process typically takes about from offer acceptance to closing. Phase 1: Financial Foundation
Before looking at listings, you must solidify your borrowing power.
Most lenders require a minimum score of for conventional loans. Higher scores (740+) secure the lowest interest rates.
: Set aside 1–3% of the home's value annually for repairs. Phase 2: Professional Support & Pre-Approval Things to Consider When Buying a Home: A Step-by-Step Guide
: Lenders often approve you for more than you should comfortably spend.