What is a First-Time Home Buyer?
A First-Time Home Buyer loan is a mortgage solution designed for a specific financial situation. Specialized programs and guidance help new homebuyers with low down payment options, credit assistance, and step-by-step support through the purchase of their first home.
Key Benefits
- First-Time Buyer loans typically have GREAT INTEREST RATES.
- Less than perfect credit: A FICO score as low as 580 may be accepted for a 3.5% down payment.
- Low down payment: Borrowers with a credit score of 580+ can qualify for as little as 3.5% down.
- Ask about our Down Payment Assistance programs.
- Closing costs can be factored into the Contract as Seller Concession.
- Billy Watkins - Sr Mortgage Broker - NMLS 384700
How to Apply for a First-Time Home Buyer
Initial Consultation
We start with a conversation to understand your goals and financial picture.
Application & Documentation
Complete the online application and provide necessary financial documents.
Underwriting & Approval
Our team reviews your file to issue a final loan approval.
Closing
Sign the final documents and get the key to your new home!!
Success Stories with Billy Watkins
"Billy made the process of getting our First-Time Home Buyer incredibly simple. His communication was top-notch, and we closed faster than we ever thought possible. Highly recommend!"
Alex & Jamie R.First-Time Home Buyer Client with Billy Watkins
"As a self-employed individual, I thought getting a mortgage would be a nightmare. Billy guided me through the First-Time Home Buyer options and found the perfect fit. I couldn't be happier."
Samantha P.First-Time Home Buyer Client with Billy Watkins
