First-Time Homebuyers

If you’re new to buying a home, here’s what you can expect and how to navigate the process

Latest First-Time Homebuyer Articles

Is that house you’re considering a flip? Here’s what to know

A flipped house may need more work than it seems. Here’s to look out for if you’re considering a flipped home.

4 min read Sep 02, 2022
Mortgage lenders serving Black borrowers

These Black-led and Black-owned mortgage lenders facilitate access to the wealth-building power of homeownership.

3 min read Aug 24, 2022
First-time homebuyer statistics

Here’s a look at first-time homebuyers today.

5 min read Aug 23, 2022
Documents for mortgage preapproval

Here’s a checklist of what you need to get a mortgage preapproval letter.

4 min read Aug 22, 2022
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
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
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
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
How to compare lenders for first-time homebuyers

Select the best mortgage lender for you with these tips.

3 min read Jul 13, 2022
How to improve your finances before your first mortgage

Here are three ways to prepare your finances before you apply for a home loan.

4 min read Jul 07, 2022

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