First Time Buyers Frequently Asked Questions
Yes. Fischer Homes offers affordable price points, flexible financing options, and personalized guidance designed to make the buying process simple for first-time buyers. Whether you're looking for a condo, townhome, or single-family home, we provide communities in convenient locations with amenities that fit your lifestyle.
- Affordable floorplans starting in the low $100s–$300s.
- Expert New Home Advisors to walk you through the process.
First-time buyers are often surprised to learn there are costs beyond the home's purchase price. Here's what to plan for:
- Earnest money deposit: A good-faith deposit made when you sign your purchase agreement.
- Down payment: Varies by loan type — some buyers may qualify for as little as 0% down.
- Closing costs: Typically 2–5% of the purchase price, covering fees like title, appraisal, and lender charges.
Victory Mortgage can walk you through a complete cash-to-close estimate so there are no surprises.
No. Many first-time buyers are surprised to learn how accessible financing can be. Victory Mortgage works with buyers across a range of credit situations and can help identify the best loan program for you. Stronger credit may help you qualify for better interest rates, but it's not a barrier to getting started.
Pre-qualification gives you a general idea of what you might afford based on basic financial information. Pre-approval is a more thorough review by a lender — it verifies your income, credit, and assets so you know your actual budget. We recommend getting pre-approved with Victory Mortgage before visiting a community so you can shop with confidence.
Visiting a model home is a great way to visualize your future. To make the most of your visit:
- Bring your pre-approval or schedule financing guidance in advance.
- Prepare a list of "must-have" and "nice-to-have" features.
- Explore different floorplans to compare layouts and pricing.
- Ask your New Home Advisor about current promotions or incentives.
Absolutely. Fischer Homes welcomes buyers who are working with a real estate agent. We encourage you to bring them along from your very first visit so they can support you through every step — from community selection to closing. Just let your New Home Advisor know upfront so we can include them from the start.
From first conversation to move-in, here's a general idea of what to expect:
- Get pre-approved with Victory Mortgage to understand your budget.
- Tour communities and model homes with a New Home Advisor.
- Select your homesite, floorplan, and sign your purchase agreement.
- Personalize your finishes at the Lifestyle Design Studio.
- Construction typically takes 6–8 months, with regular updates along the way.
- Close on your new home and move in.
If you need a faster timeline, ask about Quick Move-In Homes that may be available in your area.
Getting started is easier than you think. With Fischer Homes, you'll have support at every step:
- Get pre-approved with Victory Mortgage to understand your budget.
- Schedule a tour of a model home or Quick Move-In property.
- Meet a New Home Advisor to review communities, pricing, and floorplans.
- Make your selections and begin the building process with guidance from our team.