First-Time Home Buyer Guide
Your step-by-step roadmap to buying your first home in Columbus, Ohio.
Buying your first home in Columbus Ohio typically takes 60–90 days from pre-approval to closing. Key steps: check credit, get pre-approved, choose a Realtor, search homes, make an offer, complete inspection, finalize financing, and close. Down payments range from 0% (VA/USDA) to 3–5% (conventional). Last reviewed April 2026.
8 Steps to Your First Home
Check Your Credit & Budget
Review your credit report, calculate your comfortable monthly payment, and understand your debt-to-income ratio.
Get Pre-Approved
Meet with a lender to get a pre-approval letter. This tells you your price range and strengthens your offers.
Choose a REALTOR®
Work with a buyer's agent who knows the local market. Sommer provides free, no-obligation buyer consultations.
Search & Tour Homes
Identify neighborhoods, prioritize must-haves vs. nice-to-haves, and schedule showings.
Make an Offer
Your agent will prepare a competitive offer based on comparable sales, market conditions, and your budget.
Inspection & Negotiation
Hire a home inspector. Negotiate repairs or credits based on findings.
Appraisal & Financing
Your lender orders an appraisal. Final loan approval follows. Stay in close contact with your lender.
Closing Day
Sign documents, pay closing costs, receive keys. Welcome home!
First-Time Buyer FAQ
How much do I need to save to buy my first home in Columbus Ohio?
Most Ohio lenders require 3–5% down for conventional loans. FHA loans may go as low as 3.5%. VA and USDA loans may require zero down. Budget an additional 2–3% for closing costs.
What credit score do I need to buy a home in Ohio?
Most lenders require a minimum credit score of 620 for conventional loans. FHA loans may accept scores as low as 580 with 3.5% down. Higher scores typically qualify for better interest rates.
Should I get pre-approved before looking at homes?
Yes. Pre-approval tells you what you can afford, strengthens your offer, and shows sellers you are a serious buyer. It's one of the first steps Sommer recommends.
Ready to Start Your Home Search?
I offer free, no-obligation buyer consultations. Let's get you started.
Book Your Free Consultation