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Guiding You, Step by Step, to Your New Home

If you’re like most home buyers, the prospect of buying a new home can seem overwhelming—even scary. It doesn’t have to be that way.

I started Home Buyer Education Online because of my passion for educating people. My goal is to give you the information you need to know so you can make your journey toward homeownership smooth.

The following videos are organized chronologically to make it easy for you to follow.  As always, if you have questions or need loan assistance, feel free to call or email me — Patty McLain NMLS# 460419 of Bay Equity Home Loans at 612-801-6339 or

Getting Married & Buying a Home

Video Library

There are 14 segments presented in individual videos below.


How to navigate the video library and website. What you can learn.

Rent vs. Own

This video addresses a sample of the financial advantages of owning a home.

Mortgage Criteria

Every mortgage company examines four criteria when they are looking at approving you for a mortgage. I like to call them the 4 C”s of mortgage lending.

Mortgage Options

When you shop for a mortgage, it’s important to look at your financial strengths and weaknesses and figure out what meets your short and long term goals. Do you want fixed or adjustable rate? FHA? VA? Conventional? Learn what’s right for you.

Down Payment Assistance

First-time homebuyers often qualify for down-payment assistance to help them get into their first home. We are proud to partner with the Minnesota Housing Finance agency that provides down payment assistance to eligible buyers. Do you qualify? Find out now!

Pre-Qualify vs. Pre-Approval

What’s the difference between getting pre-approved or pre-qualified for a mortgage? Which will give you the advantage in a competitive home-buying market? Find out.

Mortgage Process

There are a lot of steps involved in the mortgage process, especially now more than ever. This video breaks down the steps in an easy-to-understand manner.

Pre-Approval – Do’s and Don’ts

Learn what you should, and more importantly what you should not do during the pre-approval process.

Tips for Improving Your Credit Score

Your credit scores impact many things, from loan qualification to getting a favorable interest rate and favorable mortgage insurance premiums if you do not have 20 percent down. These things may help you improve your credit scores.

Establishing Your Price Range

Do you want to get the most home for your money, but you don’t want to get in over your head? This video gives you things to consider when determining your price range and housing criteria.

How a Realtor® Assists a Buyer

There are many reasons why a professional Realtor® is essential to the home buying process. Learn how they can help you for little or no cost.

How to Compare Mortgage Rates

Discover how to compare mortgage rates and fees, and what you can do to obtain the best rate possible, and learn what costs are standard and/or regulated and what costs can vary from lender to lender.

The History of Lending

The housing crisis resulted in millions of foreclosures. Learn about the history of lending and how subprime products and loose lending practices fueled the foreclosure crisis.

Buying & Selling Simultaneously

If you’re selling a home and buying a new one at the same time, many processes need to take place simultaneously to make the transition a successful one. Learn about the best practices for buying and selling simultaneously.


I trust that you have learned a lot from these free online videos and now feel more comfortable with the home buying process. If you have more questions and or you would like my personal assistance with your mortgage needs please give me a call 612-801-6339 or send me an email.  Patty McLain NMLS# 460419.

Watch the Whole Series

If you would like you can watch all 14 segments in one video!