Posts Tagged: first time homebuyer

5 Benefits of FHA Loans for New Homebuyers

Federal Housing Administration (FHA) loans, in existence since 1934, have been helping homeowners get a better deal on owning a home by offering low down payments, low closing costs, and lower qualifying credit. What is an FHA Loan? An FHA home loan is a mortgage issued by federally qualified lenders and insured by the Federal… Read more »

10 Tips for Purchasing Your First Home

Buying a home for the first time can be one of life’s most exciting milestones. However, there are several things that first-time homebuyers should be aware of before diving into their search for the perfect residence. 1) Know Your Budget What are you comfortable paying for your monthly house payment? Keep in mind that a… Read more »