What Do You Need to Buy a Home in Wichita? A Step-by-Step Guide from The Stanton Group

What Do You Need to Buy a Home in Wichita? A Step-by-Step Guide from The Stanton Group

Thinking about buying a home in Wichita, KS? Whether you're a first-time buyer or jumping back into the market, knowing what you'll need ahead of time can make your home buying journey much smoother—and less stressful.

At The Stanton Group, we’ve helped hundreds of buyers navigate the process with confidence. Here’s a simple, step-by-step guide to what you need to buy a home in Wichita.

1. ✅ Steady Income and Employment History

Mortgage lenders want to see that you have a reliable source of income to support your monthly payments. Typically, they look for at least two years of stable employment in the same or similar field. If you're self-employed, they'll want to see two years of tax returns showing consistent income.

2. 📊 A Decent Credit Score

Your credit score has a big impact on your loan options and interest rates. While some loans allow for scores as low as 580, having a score of 620 or higher opens more doors and helps you secure better terms.

Tip: If your score isn’t where it needs to be, don’t worry. We can connect you with trusted lenders who offer credit improvement programs.

3. 💵 Down Payment Funds

Not all loans require a large down payment. Some programs allow for as little as:

• 0% down with a VA or USDA loan

• 3.5% down with an FHA loan

• 3–5% down with certain conventional loans

Plus, down payment assistance programs are available for qualifying Wichita buyers. We’ll help you explore every available option.

4. 📝 Pre-Approval from a Mortgage Lender

Before you begin house hunting, it’s essential to get pre-approved. This letter tells sellers you’re serious and gives you a clear idea of your homebuying budget. Not sure where to start? The Stanton Group works with some of the best lenders in the Wichita area and can guide you through it.

5. 🧭 A Trusted Real Estate Advisor

Buying a home is one of the biggest financial decisions you’ll ever make. Working with an experienced local team like The Stanton Group ensures you’ll:

• Make informed choices

• Understand the market

• Negotiate with confidence

• Avoid costly mistakes

We’ll be by your side from the first showing to closing day.

6. 💼 Funds for Closing Costs

Beyond your down payment, expect closing costs of around 2–5% of the purchase price. These include lender fees, title insurance, appraisals, and more. Sometimes, we can negotiate to have sellers contribute to these costs.

7. 🧘 Patience and a Plan

Home buying is a process. It takes time, communication, and strategy. With The Stanton Group, you’ll never feel rushed or left in the dark. We’ll help you stay organized, focused, and ready to act when the perfect home hits the market.

Bonus Tip: Know What You Want

Before you start shopping, take time to define your “must-haves” and “nice-to-haves.” Is a big yard a priority? Do you want to be near a specific school or employer? This helps us narrow down homes that truly fit your needs—and saves you time and stress.

🎯 Ready to Get Started?

Buying a home in Wichita doesn’t have to be confusing. With the right guidance and preparation, it can actually be exciting and empowering.

📞 Contact The Stanton Group today to schedule your free homebuyer consultation. We’ll walk you through every step and make sure you’re set up for success.