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First Time Home Buyer                                                                                                  

First time home buyer loans are my specialty. We have an extensive list of first time home buyer loans allowing you to buy a home with a low of no down payment. Many first time home buyer programs allow more debt than "conventional" loans making your dream of homeownership possible.
  1. FHA First Time Home Buyer Loans – Often the best choice in first time home buyer programs.
  2. Aggressive First Time Home Buyer Loan - FHA clone but allows 3% down payment to $350,000
  3. Neighborhood Advantage First Time Nome Buyer – 100% Financing. Requires good credit and has some income restrictions but great flexibility. 
  4. Zero Down First Time Home Buyer Mortgage - First time home buyer program allows 100% financing.
  5. Nehemiah Foundation FHA First Time Home Buyer Loans – No down payment program. Standard FHA underwriting guidelines.
  6. Nehemiah Conventional First Time Home Buyer Program - Higher loan limits. 102% financing 1% down payment. 
  7. VA First Time Home Buyer Loans –100% to $417,000 including VA Funding Fee. 
  8. 80/20 First Time Home Buyer Program –No money down combination program. 80%of the sales price for the first loan and 20% for the second
  9. CreditFlex 97 – 97% LTV requires 1% cash. Remaining funds may be gift/loan with closing costs financed. 
  10. Option Arm Mortgage- A new series of arms offering extremely low minimum payments and 40 year terms. To 95% with Lender Paid Mortgage Insurance 
  11. First Time Home Buyer 107% LTV - 107% LTV. Purchase and finance the sales price, closing costs, and reduce your consumer debt all in one loan
  12. 103% Mortgage Financing 30 year fixed rate or 7 year ARM program finances the sales price and your closing costs.
  13. Conventional Loans - to 95% combined LTV. Referred to as 80/15/5 or 80/10/10. Eliminate Mortgage Insurance and maximize your tax benefits.
  14. Teacher-Flex - Special program for teachers and school employees
  15. Interest Only First Time Home Buyer Mortgage- Offer very low payments and flexibility. You may qualify for more home than you think!

I am seeing more first time home buyers evaluating an interest only mortgage approach to help qualify for a larger loan or to reduce your payment and give you flexibility in managing your mortgage payment.

Read more about First time home buyers loan Closing Costs

I have included a page helping you understand how to calculate mortgage qualification ratios. After your credit scores, this is one of the most important factors in qualifying for a home loan.

I have included a page on mortgage documentation requirements. I also have a Free report "Buying your First Home" available to you by email.

Here is a short presentation for first time home buyers helping you understand the home buying and qualification process.

The list gives you an idea of the variety of low and no down payment loans available for the first time home buyer. Please let me know your situation and I will prequalify you for several first time home buyer loans. 

Learn more about improving your credit scores

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

First Time Home Buyer Prequalify for your First Time Home Buyer

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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.                                                                                                                       VA Mortgage