What type of programs or discounts are there for First Time Homebuyers?
As a first time buyer, you have access to loan programs that require as little as 3% down payment and have flexible qualifying guidelines. Many of the programs require income to be below the median income. Depending on your income and geographic location, you may be eligible for local grants to help with closing costs or down payment. Ask one of our mortgage consultants for more information. **After March 1, 2008, Zero percent down loans no longer are available. However, HA loans provide for the 3% down to come from a gift, or a grant.
