How Often Can You Be a First Time Home Buyer?

Purchasing your first home can be an anxiously anticipated endeavor, but there are ways to make the experience less tumultuous. Federal and state-level programs exist to assist homebuyers in breaking into the housing market. These include down payment assistance and grants, as well as educational courses to guide you through the process. How long will…

How Often Can You Use First Time Home Buyer Loan Programs?

There are several government-backed mortgage options that are especially designed for first time home buyers. They typically require small down payments and lower credit score requirements than some conventional loan programs. In addition, there are many grant and assistance programs for first time home buyers that can help with down payment and closing costs. These…

How Often Can You Get First Time Home Buyer Financial Assistance?

There are several ways that first time home buyers can obtain financial assistance to help them purchase their first home. These include government and nonprofit homeownership programs, tax deductions, employer-sponsored programs and special loans. Some of these programs may be available statewide, while others are limited to specific cities or areas. Regardless of which one…

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How much mortgage payment can I afford?

When calculating how much mortgage payment you can afford, it’s important to factor in your current monthly debt payments, property tax, and private mortgage insurance. To determine the amount of mortgage you can afford, start by taking the total amount of money you make each month after taxes and subtracting any other debt payments such…