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
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FHA closing costs: What they are and how much you’ll pay
Like other types of mortgages, FHA loans come with closing costs. Here’s a breakdown of what to expect.
5 min read Apr 04, 2024 -
20% of aspiring homeowners think they’ll never save enough to buy. Can rent-to-own help?
Learn the pros and cons of a rent-to-own agreement.
10 min read Apr 03, 2024 -
Guide to first-time homebuyer grants
There’s one key fact that separates first-time homebuyer grants from other forms of help.
6 min read Mar 26, 2024 -
Closing costs: What are they and how much are they?
They’re upfront expenses you pay on closing day. And they can mount into the thousands.
6 min read Mar 22, 2024 -
Fixed vs. adjustable-rate mortgage (ARM): What’s the difference?
One offers certain, unchanging payments; the other, a chance to pay less interest.
7 min read Mar 20, 2024 -
How to get preapproved for a mortgage
If you’re serious about buying a home, it’s the first thing you should do.
9 min read Mar 19, 2024 -
What are reserves for a mortgage and how much do you need?
They’re a financial cushion to meet your monthly payments. But what makes them mandatory?
6 min read Mar 18, 2024 -
Mortgage brokers: What they are and how they can help
Looking for a mortgage? A mortgage broker is worth considering, especially for first-time buyers.
8 min read Mar 15, 2024 -
How to write a letter of explanation for a mortgage
There’s no need to panic, but it’s important to do it right. Your loan may depend on it.
7 min read Mar 13, 2024 -
What is a down payment?
A home down payment is the part of a home’s purchase price you pay upfront.
6 min read Mar 07, 2024
First-Time Homebuyer Programs by State
- Find your state's first-time homebuyer grants and programs
- Arizona first-time homebuyer grants and programs
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- New Jersey first-time homebuyer grants and programs
- North Carolina first-time homebuyer grants and programs
- Pennsylvania first-time homebuyer grants and programs
- Tennessee first-time homebuyer grants and programs
- Texas first-time homebuyer grants and programs
- Washington first-time homebuyer grants and programs
Get guidance
- First-time homebuyer guide
- First-time homebuyer qualifications
- First-time homebuyer grants
- Tips for first-time homebuyers
- Avoid first-time homebuyer mistakes
- First-time homebuyer classes
- First-time homebuyer tax credit
- First-time homebuyer down payment
- How to compare lenders as a first-time homebuyer