Top 3 Mistakes First-Time Homebuyers Make (and How to Avoid Them)

Buying your first home is exciting—but it can also feel overwhelming if you’re not prepared. As a mortgage advisor in Chico who works with first-time buyers all over California, I’ve seen how a few simple mistakes can cause delays, stress, or even missed opportunities. The good news? These mistakes are 100% avoidable with the right guidance.

Here are the top 3 mistakes I see first-time buyers make—and how to avoid them:

1. Waiting Too Long to Get Pre-Approved

One of the most common mistakes is waiting until you find the perfect home to get pre-approved. By the time you’re ready, that dream home might already be pending with another buyer.

What to do instead:

Get pre-approved before you start house hunting. I break down your monthly payment, cash needed to close, and help you understand what’s realistic based on your goals.

2. Assuming You Need 20% Down

A lot of buyers think they need to save for years before buying a home. That’s simply not true.

What to do instead:

Explore your options! There are down payment assistance programs and low down payment loans available—even for buyers with limited savings or imperfect credit. I help you create a plan that fits your situation.

3. Trying to “Figure It Out” Alone

It’s tempting to Google everything or rely on hearsay, but that often leads to confusion and missed opportunities.

What to do instead:

Partner with a mortgage advisor (like me!) who cares about you and your goals. I offer a simple, judgment-free way to get the information and support you need—from your first question to getting those keys in hand.

Final Thoughts:

If you’re thinking about buying a home this year—or even just “planting the seed” for the future—let’s talk. I’ll help you understand what’s possible, create a plan, and walk you through every step.