Homebuyer Timeline

In every home search, there are some important steps you can take to make the process easier. Our timeline will help you keep track of where you are in the process and allow you to plan ahead for the next step. Select each timeline milestone for more information and contact a Mortgage Specialist at any time to schedule a complimentary consultation.
Picture of a family entering their new home
Be one step ahead of the rest! Before you start looking for a home, call a Metro Mortgage Originator or Specialist at 877.MY.METRO to determine how much you can afford and obtain a fully underwritten pre-approval by a qualified underwriter.
 
If you're not already working with a realtor to assist you in your home search, Metro can recommend a professional in your desired area. Having a realtor working for you can help you throughout the process and provide you with knowledge, support, and peace of mind at no cost to you!
 
Once you've found the home you love, your realtor will assist you in presenting an offer to the seller. Your offer will require your initial down payment of $500.00 or $1,000.00 to be credited toward your home purchase at the time of closing.
 
All purchase offers are contingent on a home inspection. This step should never be skipped. This is your only opportunity to negotiate your offer or withdraw without penalty.
This is your contractual obligation to purchase the home under the terms agreed upon. It's important to remember that a portion or all of your down payment will be required when you sign the Purchase Contract.
 
As part of the Purchase Contract, you should be given a reasonable amount of time to secure a mortgage with Metro. You'll work closely with your Metro's Mortgage Professionals to ensure you receive a firm commitment to lend, not subject to any conditions or requirements.
 
The closing date is the date that you will go on record as the property owner. Congratulations! At this meeting, you will sign all your required documents. It's important to have a full understanding of what you're signing.