Buy a Home with no Money Down?

Would you believe me if I told you that
you can buy a home with no money down? It’s true!

Here are some first-time homebuyer
programs to know about.

1) FHA loans: Backed by the Federal
Housing Administration (FHA), these loans are a popular option for first-time
buyers. Why? Think low down payment options and flexible income requirements.

2) VA loans: These loans are available
to eligible military members and veterans and offer competitive interest rates
with zero down payment.

3) USDA loans: Available to homebuyers
in rural areas, USDA loans offer low (or no) down payment options, flexible
credit requirements, and the option to finance repairs and closing costs into
the loan.

4) State and local programs: Many
states and localities offer homebuyer assistance programs, such as down payment
assistance, grants, and tax credits. Ask your realtor or lender about local
programs for first-time homebuyers.

5) Homebuyer education courses: Some
programs require first-time homebuyers to complete a homebuyer education
course, which can help them understand the process and prepare them for
homeownership. It may seem like a drag, but the more you know, the smoother
it’ll go!

If you’re thinking of buying this year,
take a deep breath and start exploring your options – homeownership is within
reach.

Don’t forget to save this article for
later!

-Megan Stultz

Call or Text 936-537-2587

Megan@MeganStultz.com

www.FairwaterWestmont.com