Say goodbye to mortgage mystery and "I wish I'd known" mistakes. In this episode, I'm joined by Theoni Rappo (aka Not Your Daddy's Lender) to simplify what first-time buyers actually need to know: we're talking realistic down payments, when (and how) to tap a 401(k), what underwriters look for on bank statements, how gift funds really work, job-change do's and don'ts, and the fastest ways to build credit if you didn't start early. You'll leave with a step-by-step pre-approval plan, the exact prompt to estimate your debt to income ratio, and a simple money setup that makes saving for your first home almost automatic.
In This Episode, You Will Learn
Realistic first-time down payments (3%–3.5%, NOT 20%.)
When using a 401(k) loan makes sense.
What underwriters scrutinize on bank statements and deposits.
How to receive gift funds without documentation headaches.
Job-change rules: offer letters, first pay stub requirements.
How student loans count toward your monthly debt.
Pre-approval basics: what expires after 90 days.
Options to quality if you're self-employed.
Resources + Links
Get Your FREE Homebuying Masterclass HERE
Follow
Instagram: @iamstacierihl
Website: stacierihl.com
Theoni: @theonithelender
💌 Leave a review to help more first-time buyers find this show!
