3 Steps To Buying A Home In 2023

TO BUYING A HOME IN 2023 3 STEPS

2023 Home Buyer Guide

So, you’ve decided to buy a home in 2023. Congratulations! Homeownership is one of the best ways to build lasting wealth. It can also be an overwhelming process. It doesn’t have to be though. If you want to know how to purchase a home in 2023 without all the stress, this guide is for you!

Step 1

Become a Churchill Certified Home Buyer

“The Certified Home Buyer process made our offer get selected in a multiple offer situation (one of the others being a FULL cash offer).”

- Blake H., TX

The economy has gone through a lot of changes in the past year, there’s no doubt about that. As rent prices rise, more people are hoping to buy homes. However, rising rates and a looming recession are causing budgetary concerns. Luckily, 2023 should bring wider inventory of homes for sale, along with slightly less competition. This means you’ll have more time to decide if a home is right for you. However, it’s still important to do everything possible to make sure your offer is accepted. The best way to do that is by becoming a Churchill Certified Home Buyer.

Unlike a standard pre-qualification or pre-approval Certified Home Buyer will position you almost like a cash buyer. This helps you look reliable to home sellers, and reliability is a huge part of getting your offer accepted in today’s market.

Here’s what Certified Home Buyer can offer you:

Conditional financing approval from an actual underwriter at the beginning of your home search.

Peace of mind knowing your finances will be approved once you make an offer.

Since you are positioned like a cash buyer, negotiations are easier and happen more quickly.

Quicker closing times due to so much of the legwork being done up front.

Get Rate Secured

If you’ve bought a home before, you know that fluctuating interest rates can cause stress while home shopping. To solve this problem for home buyers, Churchill offers our Rate Secured program.

With Rate Secured, changing interest rates won’t be an obstacle when looking for your new home.

Check out what Rate Secured offers:

A secured interest rate at no cost.

90 days with a capped interest rate, so you can shop for a new home with ease.

Ability to reset your interest rate for an additional 90-day period if you don’t find your dream home in the first 90 days.

No change in your rate if rates go up, but if rates go down you will receive the lower rate!

“We quickly got locked in at a great rate!”

- Carl L., NE

Make an Investment into Your Future

When you buy a home, you’re making an investment in your future. The team at Churchill understands what a big deal that is and that’s why we’re committed to doing what’s right for you.

What

does that mean?

Simply put, it means your Churchill Home Loan Specialist will partner with you to find the smartest mortgage plan possible that keeps your budget, and long and shortterm goals at the forefront.

Here’s how the Churchill Commitment of doing what’s right for you shows up in the home buying process:

When you first reach out to your Home Loan Specialist you’ll discuss your unique situation. Your HLS will find out what you’re comfortable spending give you time to share your long and short-term financial goals with them.

Once your finances have been reviewed, your Home Loan Specialist will discuss your options. They will lay out your loan options and guide you through the process of choosing the best one for you.

Instead of telling you what loan to choose, your Home Loan Specialist will partner with you to figure out which mortgage makes the most sense for where you are now, while considering where you want to be in the future.

Here’s how the Churchill Commitment of doing what’s right for you shows up in the home buying process (continued):

Once you’ve closed on your home, your relationship with your Churchill Mortgage will continue. You’ll still have access to us for any questions that may come up, and we will be reaching out periodically to check in with you about your home loan.

You will go over what you’ve paid on your mortgage, what is left, and the options on how to pay your home off faster. This can include taking a big step like refinancing or smaller steps such as making an extra payment once or twice a year.

“All questions were answered and all steps along the way were explained. Everyone was quick to respond and take care of everything.”

- Katrina S., FL

Buying a home in 2023 requires preparedness and patience. It doesn’t have to be intimidating or stressful, though. You deserve to have the smartest mortgage plan possible when you go to make an offer or negotiate. Our team at Churchill wants to be on your side throughout the entire home buying process, providing you with the peace of mind that comes with doing what’s right for you. If you’re looking to purchase a home this year, we want to help.

Reach out today!

In the initial 90-day period. Rate Secured is available on Conventional Conforming (primary and secondary homes), High Balance and No Score fixed-rate products. Not available on investment, government or jumbo.

The Churchill Certified Home Buyer program is not a commitment to lend funds and is not an approval but is a conditional approval subject to your acceptance of the terms and the conditions being fully satisfied prior to closing. All conditions are subject to final underwriting and final investor approval. The certification is subject to the financial status and credit report(s) of everyone on the application remaining substantially the same until closing, an acceptable contract of sale on a suitable property, collateral (the appraisal, title, survey, condition, and insurance) satisfies the requirements of the lender and loan selected is still available in the market. All closing conditions of the lender must be satisfied including the clear transfer of the title, acceptable and adequate title and hazard insurance, flood certification, and any inspections that are required by the real estate contract.

Company NMLS ID # 1591 (www.nmlsconsumeraccess.org); AL-20934; AK-AK1591; AR-32094; AZ-0926494; CA-4131256, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, under Churchill Mortgage Corporation, which will do business in California as Churchill Mortgage Home Loans; CO-Mortgage Company Registration, Churchill Mortgage Corporation, 1749 Mallory Lane, Suite 100, Brentwood, TN 37027, Tel 888-562-6200, Regulated by the Division of Real Estate; CT-ML-1591; DC-MLB1591; FL-MLD1264; GA-23146; ID-MBL-8038; IL-MB.6760685, Illinois Residential Mortgage Licensee, Department of Financial and Professional Regulation; IN-10930 & 10931; IA-2009-0009; KS-MC.0025136, Kansas Licensed Mortgage Company; KY-MC19522; LAResidential Mortgage Lending License; MA-Massachusetts Mortgage Lender License #ML1591; MD-18840; ME-Churchill Mortgage Corporation, Supervised Lender License NMLS # 1591; MI-FR0019728 & SR0014889; MO-19-2136, 2300 MAIN ST STE 900, Kansas City, MO 64108-2408; MN-MN-MO-1591; MS–1591; MT1591; NC-L-144110; ND-MB103110; NE-2037; NH-Licensed by the New Hampshire Banking Department 21382-MBS; NJ-Licensed Mortgage Banker by the NJ Banking and

NEED MORE INFORMATION?

FIRST LAST HOME LOAN SPECIALIST NMLS: XXXXXX

Office: xxx.xxx.xxxx

Cell: xxx.xxx.xxxx

first.last@churchillmortgage.com

www.ChurchillMortgage.com/FirstLast

In the initial 90-day period, Rate Secured is available on 30-year conventional conforming loans and high-balance fixed-rate loans. It is not available on investment property home loans or no score (zero credit score) loans.

The Churchill Certified Home Buyer program is not a commitment to lend funds and is not an approval but is a conditional approval subject to your acceptance of the terms and the conditions being fully satisfied prior to closing. All conditions are subject to final underwriting and final investor approval. The certification is subject to the financial status and credit report(s) of everyone on the application remaining substantially the same until closing, an acceptable contract of sale on a suitable property, collateral (the appraisal, title, survey, condition, and insurance) satisfies the requirements of the lender and loan selected is still available in the market. All closing conditions of the lender must be satisfied including the clear transfer of the title, acceptable and adequate title and hazard insurance, flood certification, and any inspections that are required by the real estate contract.

Company NMLS ID # 1591 (www.nmlsconsumeraccess.org); AL-20934; AK-AK1591; AR-32094; AZ-0926494; CA-4131256, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, under Churchill Mortgage Corporation, which will do business in California as Churchill Mortgage Home Loans; CO-Mortgage Company Registration, Churchill Mortgage Corporation, 1749 Mallory Lane, Suite 100, Brentwood, TN 37027, Tel 888-562-6200, Regulated by the Division of Real Estate; CT-ML-1591; DC-MLB1591; FL-MLD1264; GA-23146; ID-MBL-8038; IL-MB.6760685, Illinois Residential Mortgage Licensee, Department of Financial and Professional Regulation; IN-10930 & 10931; IA-2009-0009; KS-MC.0025136, Kansas Licensed Mortgage Company; KY-MC19522; LAResidential Mortgage Lending License; MA-Massachusetts Mortgage Lender License #ML1591; MD-18840; ME-Churchill Mortgage Corporation, Supervised Lender License NMLS # 1591; MI-FR0019728 & SR0014889; MO-19-2136, 2300 MAIN ST STE 900, Kansas City, MO 64108-2408; MN-MN-MO-1591; MS–1591; MT1591; NC-L-144110; ND-MB103110; NE-2037; NH-Licensed by the New Hampshire Banking Department 21382-MBS; NJ-Licensed Mortgage Banker by the NJ Banking and Insurance Department; NM-03780; OH-RM.850178.000; OK-MB002527 & ML002574; OR-ML-5134; PA-41761, Licensed by the PA Department of Banking and Securities under Churchill Mortgage Home Loans; RI-20173440LL; SC-MLS-1591; SD-ML.05137; TN-109305; TX-Mortgage Banker Branch Registration; UT-11711076; VA-MC-5222, Churchill Mortgage Corporation of TN; VT-7009; WA-CL-1591; WV-ML-34919; WI-1591BA & 1591BR; WY-2516; Tel 888-562-6200; 1749 Mallory Lane, Suite 100, Brentwood, TN 37027; All other states, Churchill Mortgage Corporation