First Time Home Buyer Facts:
- You can use Down Payment Assistance Program which can offer grant, loan, or deferred payment assistance for your closing costs and down payment.
- There are a wide variety of loans available for First Time Home Buyers such as Conventional, FHA, VA, USDA, Jumbo Loans, etc.
- You can buy your First Home with as little as 3% Down.
- You can qualify for a Mortgage for your First Home if you have a credit score of above 580.
Buying your First Home - A Complete Guide for 2026.
Buying a home is one of the biggest and most important decision you will ever make, rely on us for accurate, complete and professional advice for all mortgage programs available for your first home purchase.
No two homebuying journeys are the same, with several variables in the way such as financial situation, credit profile, employment history, amongst others, we try and cover the most important aspects you must know before buying a home as a first time home buyer.
Things to know before buying your first home.
(1) Check your financial eligibility to determine the amount of house you can afford : This is probably where you want to start. When you speak with a mortgage advisor, we evaluate your entire financial situation to determine how much of a mortgage you could afford, what your payments will look like, what is the cost and fees involved to get the mortgage, how much down payment you would need, if you would need any expense out of pocket, etc so that you can make an informed decision before making an offer on a house.
(2) Pre-qualify for first time home buyer loan : Once you have determined your financial ability to buy a house, the next step is to get a pre-approval for a mortgage so that you can make an offer on your first house. A mortgage loan estimate or a pre-approval will provide information like the amount of loan, rate, payment, expenses involved and more so that you can shop for the house of your dream with confidence and leverage.
(3) Start shopping for your dream home : Now what you have determined your financial ability to buy a house and got a pre-approval for a mortgage loan, start looking for a house that you feel like could be your home. Shop for your house with confidence as you know EXACTLY what your mortgage obligation is going to look like before even making the offer. You have done it the right way.
(4) Process your mortgage and close on the house :After the seller accepts your offer, schedule a home inspection to make sure everything is to your satisfaction, get an appraisal on the propert to confirm if the asking price is right and get a homeowners insurance so that everything is ready for when you are clear to close on your first home.
Stress less, Speak with our First Time Home Buying Expert.
Toll Free +1(877)466.1211
Mortgage Rates as on 07/30/2026
Conventional Loans
Rates for Primary Home Purchase
6.78%
(+0.02%)
6.32%
(+0.01%)
FHA & VA Loans
Rates for Primary Home Purchase
6.34%
(+0.02%)
6.36%
(+0.02%)
Weekly US Average Mortgage Rates as on 07/30/2026. Select a product to view important disclosures, payments, assumptions, and APR information. Please note we offer additional home loan options not displayed here. Rates for Primary Home Purchase.
Thinking of buying your First Home? Look no further!
Lowest Rates for First Home
A lower rate on your first home means lower payment, lower obligation and either more money to your pocket or faster loan pay off. Take advantage of our Wholesale Rate Pricing for First Home Buyers.
Zero Application Fees!
Apply Online or Give us a call and check your eligibility, explore programs without spending a dollar.
No Cost Loan Options!
Specially for First Time Home Buyers, we have no cost loan programs where borrowers do not have to pay for loan origination, processing or underwriting on eligible loan programs.
Available 18 hours every day!
Our Experienced and Compassionate staff is available from 6 AM to 9 PM all time zones to answer any questions you may have for a first time home buyer mortgage program.
Quick Pre-Approval!
Get pre-approved for your first home loan in as little as 60 minutes! Call our Mortgage Advisors, Use the Message Icon on your Left OR Fill out the form at the top of the page to get started.
Crazy Fast Loan Closing!
Our average clear to close is 21 Days! That is Crazy Fast.
Our Mortgage Advisors specializing in First Time Home Buyers are available.
Toll Free +1(877)466.1211Frequently Asked Questions
A conventional Loan Requires you to put down 3% while you can qualify for an FHA loan with as little as 3.50% down.
As a First Time Home Buyer you can use an FHA Loan to qualify which requires credit score to be above 580.
24 Hours. Our average turnaround time to get you a Pre-Approval on your Home Mortgage takes less than 24 Hours. Call Toll Free # 1877-466-1211 to get started!
We work with Prospects of all Credit Types, All Income Sources, All Age Groups, Offer All Mortgage Types, have been in business for 18+ Years, Our Rates are 0.25% to 0.50% LOWER than most lenders, we offer LOW to NO Closing Cost Options, Our Standard Approval Time is 24 Hours, we close Most Loans in Under 21 Days, we are Available 12 Hours Per Day via Phone – Text – Live Chat – Email.
Mortgage pre-approval for first time home buyers is a simply process that takes your income, debt, credit profile into consideration so that you can qualify for a certain mortgage amount. Once you are pre-approved, you can move forward confidently to look at properties and making an offer.
Call our Mortgage Advisors specializing in First Time Home Buyer mortgage loans at Toll Free # +1(877)466-1211 OR simply fill out the quick form at the top of this page.
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