First-Time Buyers
Your first home,
demystified.
Buying your first home is exciting — and it's normal to feel uncertain about the process. This hub covers everything you need to know, from down payment assistance programs to what happens at the closing table. The Glasshouse Realty team has guided many first-time buyers through this journey, and we're here to make it straightforward.
Let's Start Here
The questions everyone asks.
"Can I really afford to buy a home?"
Probably — and sooner than you think. Many first-time buyers are surprised to learn that their monthly mortgage payment may be comparable to or less than rent, especially with FHA or VA loans requiring as little as 3.5% or 0% down. The key is getting pre-approved so you know exactly where you stand.
"How much do I need for a down payment?"
Less than most people expect. Conventional loans can require as little as 3% down. FHA loans require 3.5%. VA and USDA loans may require nothing at all. Ohio also offers down payment assistance through the Ohio Housing Finance Agency (OHFA), which can cover a significant portion of your upfront costs.
"What credit score do I need?"
It depends on the loan program. FHA loans are available with credit scores as low as 580 (or even lower with a larger down payment). Conventional loans typically require 620+. If your score isn't where you want it yet, we can connect you with lenders who specialize in credit improvement strategies.
"What are closing costs?"
Closing costs typically range from 2% to 5% of the purchase price and cover things like the appraisal, title insurance, lender fees, and prepaid taxes/insurance. Some of these are negotiable, and in some transactions the seller may contribute. We'll walk you through every line item so nothing surprises you.
Ohio Assistance Programs
Help is available.
Ohio is one of the most buyer-friendly states when it comes to down payment assistance. The Ohio Housing Finance Agency (OHFA) offers several programs specifically designed to help first-time buyers overcome the biggest hurdle: upfront cash. These aren't loans you have to repay immediately — many are forgivable or deferred.
Ohio Heroes Program
Reduced mortgage rates and down payment assistance for teachers, healthcare workers, law enforcement, firefighters, and military personnel. If you qualify, this can save you thousands over the life of your loan.
Grants for Grads
Ohio college graduates who finished within the last four years may qualify for down payment assistance through this program. It's designed to keep young professionals in the state.
My Ohio Home Grants
OHFA's standard down payment assistance program provides grants or deferred loans of up to 2.5% of the purchase price. This can be used toward your down payment or closing costs.
VA Loans (Veterans)
Eligible veterans and active-duty service members can purchase with zero down payment through VA-guaranteed loans. These loans also offer competitive rates and no private mortgage insurance.
The Timeline
Your first home, step by step.
Check Your Finances
Pull your credit report, calculate your debt-to-income ratio, and determine what you can comfortably afford monthly. A good rule: your total housing payment shouldn't exceed 28–33% of your gross monthly income.
Get Pre-Approved
Talk to a lender about your options. We work with trusted local lenders who specialize in first-time buyers and can walk you through FHA, conventional, VA, and OHFA programs. A pre-approval letter makes your offers stronger.
Define Your Needs
Bedrooms, location, commute, schools, yard, parking — tell us what matters and what's flexible. We'll match you with neighborhoods and listings that fit, saving you from hours of aimless browsing.
Tour Homes
We'll tour homes that match your criteria. Your agent will help you see past cosmetic issues, evaluate layout and function, and identify potential concerns before they become expensive surprises.
Make Your Offer
We'll craft a competitive offer based on market data, the home's condition, and the seller's situation. We'll discuss contingencies, earnest money, and what to include to strengthen your position.
Inspection & Appraisal
A professional inspection protects you from hidden issues. The lender's appraisal ensures the home is worth what you're paying. We coordinate both and help you understand the results.
Close & Celebrate
At closing, you'll sign the final documents, pay your closing costs, and receive the keys to your new home. We'll be at the table with you, answering every question. After that — welcome home.
You've got questions.
We've got answers.
Whether you're six months out or ready to start looking this weekend, our team is here. No judgment, no jargon — just clear, honest guidance from agents who've helped many first-time buyers in Wilmington.