Welcome back to the podcast! Today we're talking about mortgages for first time home buyers with mortgage lender Omar Diaz  We'll be going into: 00:00 intro 00:38 basic loans new homeowners should know about 01:33 conventional loans 01:54 FHA loans 02:15 VA loans 02:19 USDA loans 03:20 why are conventional loans pricier? 03:45 benefits of putting a larger down payment 04:02 mortgage insurance 04:21 FHA loans recap 05:00 difference between conventional & FHA loans 07:07 steps to work with a mortgage lender 07:11 first step  08:13 second step 08:43 third step 09:34 fourth step 10:02 fifth step 11:13 sixth step 11:51 seventh step 12:08 what do touches mean in the mortgage world? 12:31 people that are self employed 15:00 how long does the process take? 16:47 how long does it take to get pre-approved? 17:22 top misconceptions 18:14 what is PMI? 20:52 what to look for in a mortgage lender 22:07 how can you work with Omar 👉 Book your FREE 15 min strategy session to go over your real estate goals, next steps & options for getting there: https://calendar.app.google/RwvQcUNsZxbE7BHD9 Omar's IG: https://www.instagram.com/omardiazmortgage/ Let's stay connected! Yoga: https://www.instagram.com/zenb.wellness/ https://www.tiktok.com/@zen.b.hive?lang=en https://www.youtube.com/channel/UCwVmOiikPI91eUv9Xg6O2lQ Real estate https://www.instagram.com/thezen.realtor/ https://www.tiktok.com/@thezenrealtor?lang=en https://www.youtube.com/@thezen.realtor