First-Time Homebuyers

Latest First-Time Homebuyer Articles

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  What are mortgage reserves and how much do you need?

  Mortgage reserves act as a financial cushion to meet your monthly payments in case your income changes.

  3 min read Aug 10, 2022
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  What is a fixed-rate mortgage and how does it work?

  Find out all about this most common type of mortgage.

  6 min read Aug 10, 2022
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  Is the housing market about to crash? Here’s what experts are saying

  Yes, the housing market is still frothy. But there’s wide agreement among experts about one thing.

  8 min read Aug 10, 2022
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  5 types of mortgage loans for homebuyers

  These days, homebuyers have home loan options. We explain what they are and how they work.

  7 min read Aug 08, 2022
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  5 key steps in the mortgage underwriting process

  Know what to expect from start to finish when lenders qualify you for a home loan.

  8 min read Aug 08, 2022
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  Preapproval vs. prequalification: What’s the difference?

  These two terms sound similar, but there are key differences you should know.

  6 min read Aug 08, 2022
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  Should you gift your child a down payment?

  Helping your child buy a home can get them started building equity soon.

  4 min read Aug 03, 2022
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  What is a down payment?

  A home down payment is the part of a home’s purchase price you pay upfront.

  8 min read Aug 02, 2022
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  FHA loan requirements 2022

  We tell you what’s needed to get a mortgage under this government program.

  3 min read Jul 25, 2022
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  Average down payment for first-time homebuyers: How much is it and how can you lower it?

  The average down payment for first-time homebuyers is considerably less than the oft-quoted 20 percent down payment requirement.

  3 min read Jul 25, 2022