FIRST TIME HOME BUYER THAT MAY BE YOU!!

If you are a first-time home buyer there are many financing options, you may qualify for!

 So, who qualifies as a first-time home buyer? Surprisingly, a first-time home buyer is not only someone who has never purchased a home before. You could qualify as a first-time home buyer if you, or your spouse, haven’t owned a home in three years or if you are a recently divorced person, who has only owned a home jointly with a spouse. 

This is good news for some home buyers who need to rely on first-time buyer programs to help with their financing and do not have the conventional 20% down payment. Many loan options are available to help. Consider an FHA loan program that offers first-time buyers to purchase a home with as little as 3.5% down. If you are shopping in a rural area, you can possibly qualify for a USDA loan that offers 100% financing with no down payment necessary or perhaps you can qualify for the National Homebuyers fund which provides down payment assistance in the form of a non-repayable grant. Yep, you heard that right, you do not have to pay it back!! 

Bottomline, as a first-time home buyer there are several options available for financing to make your dream of homeownership a reality. Please reach out to my team to see what programs you may qualify for. Soon you will be on your way to homeownership.  If you are a homeowner thinking of listing your property, please reach out to my team and I to go over all the latest housing data to put you in the best position to sell for the highest price!