If you are ready to buy your first home, this may be the right time to buy a home. Competitive interest rates and a variety of home loan programs are currently available that can meet your needs today.
First-time homebuyer programs are designed to help new buyers achieve their goals of homeownership. These programs generally help remove one of the largest obstacles first-time buyers must overcome when purchasing a home – The Down Payment.
While a 20% down payment is still considered standard, it is not the only option. Fortunately, there are loan programs that contain down payment assistance options that are designed to help first-time buyers who have little, or even no cash saved for a down payment.