Beyond the Build

The Essential Mortgage Guide for New Home Buyers

Written by Fischer Homes | Jul 21, 2025 3:40:15 PM

Starting your new home journey can feel overwhelming, but we're here to guide you every step of the way! One of the key terms you'll encounter during this process is "mortgage," but what exactly does that mean when you're in the market for your dream home? Let's break it down and simplify things for you! 

What is a mortgage?

A mortgage is a type of loan that enables you to buy a home, allowing you to purchase your dream house without paying the full price upfront.  It's an agreement between you and a lender, typically a bank or financial institution.  This loan allows you to borrow the money you need to buy a property, with repayment terms based on a set schedule.  

How mortgages work in new home construction

Curious about how much your monthly mortgage might be? Use our Mortgage Payment Calculator to get a personalized estimate.  This handy tool can help you budget for your dream home, making the financial planning process easier.

 

How can Victory Mortgage Help? 

Navigating the mortgage process can be tricky, but that's where our trusted lender, Victory Mortgage, comes in! Their experienced Loan Officers specialize in new home construction lending, helping you secure pre-approval and ensuring you understand exactly what you can afford.  They'll be with you every step of the way, from the application to closing, making sure you have a smooth experience. Get started today

Learn More about Mortgages

Interested in learning more? Watch our video featuring Loan Officer Megan, where she explains everything you need to know about home financing, or learn more about the Home Financing process here.

 

Ready to Get Started? 

If you're ready to take the next step toward purchasing your dream home, contact Victory Mortgage today. Their team of experts is ready to help turn your dream home into a reality. 

Victory Mortgage NMLS 461249, Equal Housing Lender

 

Stay tuned for more lifestyle content from Fischer Homes. Remember that throughout our journey as your builder, we want to ensure that your experience doesn’t end when you move into your new home. Fischer Homes builds in Atlanta, Cincinnati, Columbus, Dayton, Indianapolis, Louisville, Northwest Florida, Northern Kentucky, and St. Louis. Fischer Homes is forever focused on continuing to go Beyond the Build, by continuing to build the best customer experience possible.