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Welcome to the Memphis Housing Resource Center


Product 3:

THE HOME BUYING PROCESS


This session is the turning point at which participants are able to tie together all learning as they prepare for the most important step--mortgage financing. The information provided includes:

1. Types of mortgage loans.
2. Sample loan application.
3. The mortgage loan application process.
4. Shopping for a home.
5. A neighborhood review checklist.
6. The home inspection procedure.
7. The mortgage loan closing process.
8. Understanding contract obligations.
9. What to do when you cannot pay your mortgage.


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The City of Memphis, Department of Housing and Community Development is a partner with this program.