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Hey, what's up, everyone?

Matt Garland here.

NMLS number 5-870, but I'm better known as M-G, the Mortgage Guy, and welcome to

Earn Your Leisure University. All right, so tonight I'm going to be your host. We're going to

talk a little bit about, for my first time homebuyers, and we're going to discuss the

home buying process. But before we get to that, I'm going to discuss the home buying process.

But before we get to that, I'm going to share my screen for you guys so that way you

guys can see the presentation that I put forth together for you.

So welcome to EYL University.

Like I said, my name is Matt Garland and I'm a less number 5-87000,, better known as MG the mortgage guy. Today we're going to talk about first-time home buyers. So let's get started. Most people always ask me, yo, Matt, what I need to get started to be a first-time homebuyer or to buy a house? Everything starts with your mindset. I say this all the time, right? You have to be prepared for home ownership.

So ask yourself these questions, or your first time homebuyers, are you ready for

homeownership? What are your real estate goals? Okay. Do you have the capital, meaning do you

have money? Right? Most people want to be house rich and cash poor. Never be house rich and cash for

cash poor. I don't care if you're getting 100% financing. I don't care if you're getting

any home buyer grants. It doesn't matter to me. You need to have some money saved. How soon do

you want to close? Have realistic expectations on your time frame. Check out

if you have a current lease. When does that lease expire? If you're living at home, how's that

situation working out? Whatever the case may be, have a realistic expectation for when you

want to close on your home. And number, most importantly, are your documents organized?

This is key. Okay. Keep your documents organized every time. If you know you're going to buy a house,

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