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First-Time Home Buyer Guide for Spokane

Your complete guide to buying your first home in Spokane, WA. From understanding the process to securing financing, Joey Costello will guide you every step of the way to homeownership success.

Free Consultation
First Time Home Buyer Guide Spokane
50+
First-Time Buyers Helped
95%
Successful Closings
8+
Years Experience
$8M+
In Sales Volume

Your Home Buying Journey

The home buying process doesn't have to be overwhelming. Here's a clear roadmap to help you navigate from start to finish with confidence.

1

Get Pre-Approved

1-3 days

Start with a mortgage pre-approval to know your budget and show sellers you're serious.

2

Find Your Agent

Day 1

Work with an experienced agent who understands first-time buyer needs and local market.

3

Start House Hunting

2-8 weeks

Tour homes that fit your budget and lifestyle with expert guidance on what to look for.

4

Make an Offer

Same day

Submit a competitive offer with strategic terms and professional negotiation support.

5

Home Inspection

7-10 days

Professional inspection to identify any issues and negotiate repairs if needed.

6

Close on Your Home

30-45 days

Final walkthrough, sign documents, and get the keys to your new home!

First-Time Buyer Loan Programs

Discover loan programs designed specifically for first-time buyers with low down payments and flexible qualification requirements.

FHA Loans

As low as 3.5%

Federal Housing Administration loans with flexible qualification requirements

Credit Score: 580+
Low down payment
Flexible credit scores
Gift funds allowed

VA Loans

0% down

For eligible veterans and active military with no down payment required

Credit Score: No minimum
No down payment
No PMI required
Competitive rates

USDA Loans

0% down

For eligible rural and suburban areas with no down payment

Credit Score: 640+
No down payment
Below market rates
Low fees

Conventional Loans

As low as 3%

Traditional loans with competitive rates for qualified buyers

Credit Score: 620+
Low down payment options
PMI removal
Flexible terms

Spokane Down Payment Assistance

Take advantage of local and state programs designed to help first-time buyers in Spokane achieve homeownership.

Washington State Housing Finance Commission

Down payment assistance programs for first-time buyers

Up to $15,000 assistance

Spokane County Down Payment Assistance

Local programs to help with down payment and closing costs

Varies by income

First-Time Home Buyer Tax Credits

Federal and state tax benefits for qualifying buyers

Up to $2,000 credit

Avoid These Common Mistakes

Learn from other buyers' experiences and avoid these costly mistakes that can derail your home purchase.

✗
Not getting pre-approved first
✗
Skipping home inspection
✗
Making emotional decisions
✗
Not budgeting for closing costs
✗
Overlooking neighborhood research
✗
Not working with local agent
Joey Costello - First Time Buyer Specialist
50+
First-Time Buyers

Your First-Time Buyer Champion

I understand that buying your first home can feel overwhelming. That's why I specialize in guiding first-time buyers through every step with patience, education, and expert support.

From explaining the process to negotiating on your behalf, I'll ensure you feel confident and informed throughout your home buying journey.

First-Time Buyer Expert
Local Market Knowledge
Financing Guidance
Negotiation Skills
(509) 507-0982

Ready to Buy Your First Home in Spokane?

Let's start your homeownership journey today. Get your free consultation and personalized home buying guide.

Free Consultation