The Dallas–Fort Worth market is one of the most active in the country — but that doesn't mean buying your first home has to be overwhelming. This guide walks you through every step, from getting pre-approved to handing over the keys.

Key TakeawayIn DFW, having a pre-approval letter before you shop isn't optional — it's expected. Sellers won't take your offer seriously without one, and in competitive neighborhoods it often determines who wins the home.

Step 1 — Know Your Budget First

Most first-time buyers browse Zillow before knowing what they can afford. Your budget depends on three things: income, debts, and credit score. A quick call with a loan officer takes 15 minutes and gives you a real number.

Step 2 — Get Pre-Approved, Not Just Pre-Qualified

Pre-qualification is a rough estimate. Pre-approval requires income documents, tax returns, and a credit check — and is what DFW sellers require before considering your offer.

Step 3 — Understand Your Down Payment Options

You don't need 20% down. FHA loans allow 3.5%, conventional loans can go as low as 3%, and Texas has down payment assistance programs that can cover costs entirely.

Step 4 — Budget for Total Monthly Costs

Factor in Texas property taxes (roughly 2–2.5% of home value annually), homeowner's insurance, and any HOA fees.

Have a question about your specific situation? Call or text (269) 830-0020 directly.

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Frequently Asked Questions

What credit score do I need to buy a home in DFW?▾
Conventional loans typically require 620+, though 680+ gets better rates. FHA loans accept 580+ with 3.5% down. VA loans have no official minimum but lenders generally look for 620+. If your score needs work, I'll give you a free action plan before you apply.
How long does the mortgage process take in Texas?▾
Most purchases close in 30–45 days. With a strong application, we can often close in 21 days — which matters a lot in competitive DFW neighborhoods.
Are there first-time homebuyer programs in DFW?▾
Yes. TSAHC offers down payment assistance for qualifying Texas buyers. The cities of Fort Worth and Dallas also have programs. I help clients navigate these regularly — just ask.

Ready to see your real numbers? Let's get you pre-approved.

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