First-Time Homebuyer Timeline: From Pre-Approval to Keys in Hand

First-Time Homebuyer Timeline: From Pre-Approval to Keys in Hand 

Buying your first home is exciting, but it can also feel overwhelming if you’re not sure how long each step takes. Many first-time buyers in San Diego County are surprised by how structured the process is once you know the timeline. Let’s break down the typical journey from pre-approval to moving day. 

Step 1: Get Pre-Approved (1–3 days) 

Before you start house hunting, you need a pre-approval letter from a lender. This shows sellers you’re serious and gives you a clear price range. Most lenders can issue pre-approvals within 24–72 hours once you submit documents like pay stubs, tax returns, and bank statements. 

Pro tip: Aim for a pre-approval, not just a pre-qualification. Pre-approvals carry more weight when making offers. 

Step 2: Start Home Shopping (2–6 weeks) 

Once pre-approved, the fun begins touring homes in Oceanside, Carlsbad, Vista, and surrounding areas. The time here depends on the market, your budget, and how specific your criteria are. 

What helps speed this up: 

Step 3: Make an Offer & Negotiate (3–7 days) 

When you find the right home, your agent will help you submit a strong offer. Sellers typically respond within 24–72 hours, but counteroffers can stretch the process to about a week. 

Key tip: Having your pre-approval ready makes your offer more competitive, especially in San Diego County’s competitive markets. 

Step 4: Open Escrow & Conduct Inspections (7–14 days) 

Once your offer is accepted, escrow is opened. This is the period where the neutral third party (escrow company) holds funds and documents. During this time: 

If issues arise, negotiations for repairs or credits can extend this step. 

Step 5: Loan Processing & Underwriting (2–4 weeks) 

Your lender will finalize your mortgage application. Underwriters verify your finances, employment, and property details. This step can take 14–30 days depending on the loan type. 

Pro tip: Respond quickly to lender requests. Delays often happen when paperwork is missing. 

Step 6: Closing Day (1–3 days) 

Once loan approval is issued, you’ll receive a Closing Disclosure outlining all final costs. After reviewing and signing documents, funds are transferred, and the home officially becomes yours. 

The best part: You’ll receive your keys typically within 24–48 hours after closing. 

The Typical Timeline: 30–60 Days 

From accepted offer to keys in hand, most first-time buyers in San Diego County can expect the process to take 30–60 days. With good preparation and quick responses, the shorter end of the timeline is possible. 

Final Thoughts 

Buying your first home doesn’t have to feel like a guessing game. When you understand the timeline, you can plan ahead and reduce stress. 

If you’re a first-time buyer, I can guide you through every step so you feel confident from pre-approval to closing day. 
 

Contact Jose Luis Tepox Jr. at (619) 485 8293 or click here.