Buying a home is an important financial decision that should be consideredcarefully. This booklet will help you become familiar with the various stages of thehome-buying process, including deciding whether you are ready to buy a home, andproviding factors to consider in determining how much you can afford to spend. Youwill learn about the sales agreement, how to use a Good Faith Estimate to shop forthe best loan for you, required settlement services to close your loan, and the HUD-1Settlement Statement that you will receive at closing.
This guide should assist with this process! Shopping for Your Home Loan HUD’s Settlement Cost Booklet