FIND YOUR HOME BUYING SIMPLIFIED WHY LGI OUR COMMITMENT ABOUT US REQUEST INFO Brokers Customer Care Investor Relations Buying Your First Home What You Need to Know The Truth About Buying Have you decided to buy your first home, but wonder what to do next? You are not alone! With our years of experience, we have discovered many misconceptions around the buying process and what you need to get started. Owning your home may be easier than you think! Will I Find a Home With Every Item on My Wish List? While it is important to know what you are looking for in a home, it is also important to recognize that no one home will likely meet all your wants. At every price point, buyers compromise on something that was on their wish list. Determine what your must-have items are to help guide you in your journey. Do I Need a 20% Down Payment? A popular belief is that you need to have 20% of your purchase price saved to buy a home. We’re happy to tell you that this isn’t true! Incredible loan programs with down payments as little as 3.5% are available. Is the Down Payment the Only Upfront Cost? While the down payment is the largest upfront cost, it is not the only one. Earnest money and closing costs are two other costs to keep in mind. The earnest money is paid when you decide to purchase, typically $1,000, to take your home off the market. Closing costs cover the costs of the closing process, like title fees. The great news is that LGI Homes pays your closing costs when you work with our preferred lender and title company. Home is Just a Few Clicks Away. Ready to move into your perfect new home? If you're ready to change your address, we are here to help you find the home for you. Click the button below to start your journey today! FIND A HOME Active Adult Customer Care Brokers Investor Relations Careers Privacy & Terms of Use Equal Housing Opportunity Copyright © 2021 LGI Homes, Inc. All Rights Reserved. 1450 Lake Robbins Drive, Suite 430 The Woodlands, TX 77380 Advertised sample monthly payments are based on principal and interest only. Other fees such as taxes, insurance and HOA are not included and will increase the sample monthly payment amount. This is not an offer to lend. Prices, rates, terms, features, amenities, floor plans, elevations, designs, materials, square footages, fees and descriptions are subject to change at any time without notice. CAL DRE #02064225, LGI Realty - California, Inc. LGI Realty – Minnesota, LLC. License No. BC721730. WV Martha Rose, Broker. NV License No. B.1002074. LGI Homes - Oregon, LLC. Renderings, pictures, square footages, floor plans, features, and colors are approximate for illustration purposes only. Square footages are approximate and may vary in construction. Homes pictured may not be available at the lowest advertised price and may display upgraded landscaping, decorative items, suspended lighting, furniture and enhanced interior paint which are not available for purchase even upon additional payment. The website is for general information only. Nothing on our website should be construed as legal, accounting or tax advice. Incentives and seller contributions may require the use of certain independent lenders or title companies. Please consult a LGI Homes new home consultant and review a home sales contract for additional information and disclosures.