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Step Four: Home Purchase and 
Financing 
Potential THLT homebuyers who are ready to be considered for one of our 
available homes, will have submitted the necessary paperwork to THLT and 
be included in our active applicant pool. When a home is ready, we will 
contact the applicants in that pool to make arrangements for them to see 
the home and make their own decision about whether to apply. 
Once selected from among the eligible applicants who have applied you will 
be ready to start the homebuying process: 
1. Meet with THLT to develop and sign a purchase and sale agreement
for your home.
2. Select a lender and complete loan paperwork. 
3. Apply for down payment assistance and other possible home buyer 
assistance offered through your lender.
4. Complete loan requirements, such as home inspection, appraisal, and 
home insurance.
5. Before closing, meet with an attorney to review the Ground Lease
(See next section.)
We will be working with you to answer your questions during this process, 
and we also have a list of community financial partners you can access. 
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