The money side of homebuying

Your coaches introduce the subject of home loans.


Instructional Text

In this lesson, we’ll focus on the money side of buying a home: getting a home loan. It’s valuable information you need to know because buying a home is probably one of the biggest investments you’ll ever make. Image Description
That’s true. Because houses have such a high price tag, almost everyone borrows some, if not most, of the money they need to buy one. So to make sure you’re well-prepared, we’ll give you the basic vocabulary of home loans, describe the steps in the lending process, and explain how lending decisions are made. Image Description
Let’s get started! Image Description
Click the Next button to learn some home loan vocabulary.
The money side of homebuying Home loan vocabulary Steps in the lending process Complete the loan application How lenders decide If the lender says no …