You probably started the home buying process as most people do:

• you saw a home you were interested in or you consulted a lender to figure out how much money you could borrow before you found a home (called 'pre-qualifying'). 
  

• The next step is to sign an agreement of sale with the seller, followed by applying for a loan to purchase your new home. 
  

• The final step is called "settlement" or "closing," where the legal title to the property is transferred to you.

At each of these steps you often have the opportunity to negotiate terms, conditions and costs to your advantage.  You need to shop carefully to get the best value for your money. There is no standard home buying process used everywhere, so your previous experience may vary from the one we customarily use in Lynchburg. 

Financing Links: 

Mortgages: A Complete Guide

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More Info...

Types of Loans

Prequalify

Borrowing Guide

Regs and Guidelines

Closing Costs

Credit Scoring

Major Area Lenders...

Suntrust Mortgage Corporation

Bank of the James

Wachovia

Bank of America

BB&T

Planters Bank