First Time Homebuyer

First Time Homebuyer Benefits, Tips and Programs

  • Buying vs. Renting – Owning a home provides you with more stability and freedom, and in many markets it is actually cheaper to own than to rent.
  • Mortgage interest and property taxes are tax-deductible, possibly allowing you to pay less income tax as a homeowner.
  • There are many affordable loan programs for first time home buyers including FHA, VA, USDA and Conventional programs insured by the federal government. Talk to a lender to obtain a pre-approval letter and discuss the programs that are best for you. Apply online now.
  • Property options for first time home buyers are numerous including single family homes, townhomes and condominiums. Find a REALTOR® who knows the local area to assist with you search.