Storybook HomesStorybook Homes

Your New Home Journey

Your New Home Journey

Financing Your Home

Congratulations on your new home search!

StoryBook Homes works with a number of excellent mortgage lenders offering a variety of mortgage programs to ensure you have financing options that fit your needs, including:

  • - Fixed 30-year conventional loans
  • - Adjustable rate mortgages (ARMs)
  • - FHA and VA loan programs

With so many factors impacting mortgage loan practices every day, it helps to have experts guiding you. As you embark on your new home journey, research mortgage lenders, such as StoryBook Homes preferred lender Toll Brothers Mortgage Company, and find out what types of loan programs you qualify for so that when you find the home you love, you're ready.

Quick Tips for Financing a New Home

Pay off as much debt as you can first.

This will help keep your debt-to-income ratio down. Lenders look at your income relative to your debt ÷ student loans, car payments, credit card debt—to determine how much you can afford to borrow. The ideal debt-to-income ratio for a new home purchase is less than or equal to 43%.

Total Monthly Debt ÷ Gross Monthly Income = Debt-to-Income Ratio

Consider consolidating or refinancing student loans.

If you can't pay off student loans before you buy a home, investigate whether you can lower your payments. You'll have to decide whether it makes sense to stretch student loan payments over more years to buy a home sooner.

Be prepared to document everything.

Tax returns, bank statements, brokerage statements, and other documents are required to verify the source of any money you plan to use. The lender will also verify your employment and income, once at the beginning of the process and again a day or two before closing. Start organizing your documents now to keep the process from hitting any snags.

  • -    Most recent W-2s
  • -    Most recent year-to-date pay stub
  • -    Most recent two years' completed personal tax returns
  • -    Most recent two months' bank statements
  • -    Sourcing of all large deposits or gifts
Melody at Cadence

Before You Purchase

For all new buyers, the following is required / requested prior to your purchase:

  • - Home site selection
  • - Floor plan and exterior design selection
  • - Exterior color scheme
  • - Major structural options selected
  • - Mortgage preapproval from a StoryBook Homes preferred lender
  • - Cashier's check for required earnest money
  • - If cash, proof of funds (acceptable to StoryBook Homes)
  • - If you have a real estate agent, they should accompany you to your Purchase Agreement appointment

Allow up to an hour for your Purchase Agreement appointment and contact your Sales Consultant to verify any questions that you may have.

Your Personalization Checklist

StoryBook Homes allows you to personalize your new home in a variety of ways including colors, materials, style, and budget.

Verify your budget with your lender for options and upgrade

Exterior Design

  • Your Sales Consultant will verify that the exterior design is available.

Structural Options

  • Bedroom vs. Den
  • Patio cover
  • RV cover/garage
  • 3-car garage
  • Balcony

Plumbing

  • Additional bathroom (available per plan)
  • Shower vs. Tub
  • RV package

Kitchen

  • Appliance package, color, and layout (built-in or freestanding, available per plan)
  • Cabinet color/style, including hardware and finish
  • Kitchen sink - double bowl, single bowl, depth
  • Kitchen faucet - style and finish
  • Countertops - granite or quartz

Electrical Systems and HVAC

(Heating, Ventilation and Air Conditioning):

  • Upgraded Air Conditioner and Furnace: Las Vegas is hot, but it also gets cold in the winter. So give consideration to upgrading your air conditioning system to save on energy costs down the line. All of our homes are system engineered for the right size(s) of furnace and air conditioner.
  • Tankless hot water heater - provides a continuous loop of hot water to your home and saves space within the garage. (this option varies by community)
  • Additional pre-wire ceiling fan openings
  • Additional Recessed lighting (many recessed lights are included in our homes)
  • TV pre-wire openings - we include them in each home - the number of them varies by community. Do you need one for your office or other bedrooms for guests?
  • Additional USB Outlets
  • Pool/spa package
  • Christmas Electrical Package

Rear Yard Landscaping Packages

  • All available options are specific to the community and the plan and may not be available in all communities or homes.

Flooring

  • We have a generous included flooring package with each StoryBook Home, and all flooring is selected at the Design Center by one of their professional designers
  • Vinyl Plank vs. Ceramic Tile
  • Upgraded Padding
  • Backsplash Tile

Download our convenient checklist to help guide you through the process of personalizing your new StoryBook Home:

Download Your Personalization Checklist

Exceptional Customer Experience

With a commitment to quality and service, we are here to provide our guidance and expertise to help you purchase a home you love.

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