Many people get overwhelmed when going through this even though it is the most exciting time of their life. Not being through this before there are many things to know but fairly simple to do.

First off check your loan and make sure you do not have pre-payment penalties. This means if you happen to come across a windfall or win the lottery and want to pay off your home before the due date then they can charge you a penalty. Find a bank that does not have this.

Get preapproved. This shows you are very serious about buying and they will help you out the best way they know how. This will definitely help you if there is more than one person interested in the same house you want.

The most important thing is to know how much you can afford. You want to go over all your finances. Do not figure your rent because you will not have it, instead you will have your mortgage payment and tax and insurance. Most banks add these in and escrow them for you. Some do not so make sure you find this out as well. There you go!