|WE HAVE SPECIAL LOAN PROGRAMS FOR FIRST TIME HOME BUYERS|
FIRST TIME BUYERS
Many home loan programs have been specifically created for first time home buyers. These loans feature low down payments and approval guidelines that make it easier to qualify. Some of the more popular first time homebuyer programs are listed hereafter:
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COMMUNITY HOME BUYER PROGRAMSCommunity homebuyer programs reduce the down payment.
The borrower must pay 3%, which must be the borrower's own funds.
The closing costs can be gift funds, a grant, or seller assistance up to 3% of sale price.
This type of home loan requires the home buyer to take a class on home ownership in their state.
Upon completion of the class, the homebuyer will receive a certificate that reduces the cash requirement and expands the qualification ratios.
Community homebuyer programs have been making it possible for many people to have the opportunity to buy a home.
EASY TWO STEPS QUICK APPLICATION FORM