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

3 percent down mortgages: A guide to your options

You don’t have to come up with 20% in cash. But paying less now can cost you later.

8 min read Jul 22, 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 Jul 18, 2024
Types of mortgage lenders and how to choose

Not all lenders are alike. Here’s how to distinguish them, and why it matters for your mortgage.

5 min read Jul 18, 2024
How to buy a house with bad credit

Have credit issues in your past? You still might qualify for a home loan.

5 min read Jul 16, 2024
How to improve your finances before your first mortgage

Here are three ways to boost your financial profile — before you apply for a home loan.

6 min read Jul 15, 2024
Mortgagor vs. mortgagee: What’s the difference?

They sound almost the same, but actually refer to parties on the opposite ends of a home loan.

2 min read Jul 15, 2024
FHA 203(k) loans: What they are and how they work

This type of mortgage lets you pay for a home and renovations with a single loan.

6 min read Jul 12, 2024
Average down payment on a house

It might not be as much as you think.

6 min read Jul 09, 2024
The secret to getting a mortgage as a single person: Your lender

Is it harder to get a mortgage if you’re single?

4 min read Jul 08, 2024
First-time homebuyer qualifications

You can be a “first-time homebuyer” — and get financial aid — even if you’ve owned a place before.

6 min read Jul 03, 2024

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