Being a first-time home buyer is exciting – but it can also be extremely overwhelming! There are so many steps, tasks, and requirements you need to consider to ensure you don’t make any expensive mistakes. Even though home buying can come with trials and tribulations, the majority of homeowners say owning a home is well […]
Key Takeaways: The Colorado Housing and Financing Agency offers specialized programs to first-time home buyers. Specialized grants are available that allow first-time home buyers to get into their home without saving up a large down payment. Federal programs can provide a viable option for borrowers with credit challenges or who qualify for special benefits. Purchasing […]
Key takeaways The My First Texas Home program offers closing cost and down payment assistance to first-time home buyers. A tax credit is available to first-time home buyers through the Texas Mortgage Credit Certificate program. Home buyers can secure low down payments and interest rates through first time home buyer grants and national programs. Purchasing […]
Key takeaways: If you’re a first-time homebuyer in New York state, you can access special mortgage programs with lower interest rates and down payment assistance. The down payment assistance program helps offset upfront costs, and the loan may be fully forgiven after 10 years. Qualifying military personnel and veterans have access to reduced mortgage rates […]
Key takeaways: Down payment grants cover up to 3.5% of your home purchase. Special tax credits allow you to save every year. Federal programs give you access to flexible credit score requirements and, in some cases, 100% financing. If you’re a first-time homebuyer, the state of Indiana has special programs to help you purchase your […]
Key Takeaways: First-time home buyers in Minnesota can a get fixed, low interest rate mortgage with as little as 3% down payment. Help is available to cover down payments and closing costs, in the form of a low interest rate loan which may not require monthly payments. Dakota County also offers a special first-time buyer […]
Key Takeaways: Before you make cosmetic changes to the design of your mobile home, you should start by checking for signs of water damage and insulation issues. Older model mobile homes have windows and roofs that may need replacing, but these improvements can be made more easily and for less money than in traditional homes. […]
Key Takeaways: First-time home buyers in New Hampshire can get free cash assistance to cover closing costs and down payment – up to 3% of their home loan cost. Other programs like the Homebuyer Preferred Mortgage offer 97% financing (only 3% down payment) with additional cash assistance. Up to $2,000 in tax credits are available […]
Key takeaways: On average, sellers make two home improvements prior to selling their homes. Research shows that even a small kitchen remodel can provide you with an 80% return on investment. Refinishing a basement provides a high ROI, especially in Pacific regions. A National Association of Home Builders survey found that energy-efficient windows are ranked […]
Key takeaways: The best first step in buying your home is to understand how much you can afford. A bank will use a debt-to-income ratio to determine your mortgage amount. Consider paying down current debt to improve your ratio. First-time homebuyer programs could give you access to lower interest rates and down payment assistance. You’ve […]
