First Time Homebuyers
What an exciting time! For many, owning a home is the ultimate American Dream and we agree. One of our favorite type of borrower to help (we love them all) are those families and couples that are trying to buy their first home. A place to setup roots, meet neighbors, make their own, and even potentially raise a family. These are great aspirations to have and some would argue that there is nothing more rewarding than owning and maintaining your own home. With that said, there are multiple programs designed for those in this situation:
- Low down payment, as low as 3%
- Income limiting programs with reduced rates
- Cosigners and/or gift funds
The list continues but these types of supplemental allowances from a guideline perspective can be exactly what a future homeowner needs in order to qualify. We search long and hard for the right program at the lowest rate that puts a new homeowner in the right loan based on the property they have selected without overleveraging themselves.
Do you or someone you know fit this criteria? Use our simple prequal tool to find what programs we have available.
