First Time Home Buyer
FIRST TIME HOME BUYER - you've found the right place! Now that interest rates have dropped significantly, renters can buy their first home at exceptional rates.
Connect with expert lenders for the first time home buyer by filling out an online application. It's free and easy! A first time home buyer is a person purchasing their first home. To persuade renters to purchase homes, many lenders offer incentives for the first time home buyer. To learn about these programs fill out our free online application.
What should you know as a first time home buyer? First off, you can save big over conventional loans with low interest rates offered to first time buyers. Fill out an online application to learn more.
Do you have questions about the lending process? The LendingExpo network of lenders has experience in the lending industry and can answer all your questions. Our lenders compete to give you the best rates - something every first time home buyer wants.
First time home buyer plans help you to do what you need most, eliminate wasting your money filling your landlord's pockets. Building equity in a home gives you buying power and stability you can get no other way. These programs will vary from lender to lender. Your first step should be to ask what programs are available and the incentives they can provide for you, it's never too early to ask.
Common First Time Home Buyer Questions:
1. What is the biggest benefit of becoming a home owner?
Home owners have many advantages. First of all, the livability of a home is often far better than that of apartment life. Second of all, interest paid on home loans can be deducted from your taxes for a huge savings. In addition, home owners build equity in their home with every monthly payment they make. When the home is eventually sold or passed on to another, this equity is yours - money in your hands, not in a land lords.
2. How can I qualify for a first time home buyer program?Qualifying will depend on the program and the lender. Each lending institution you speak with will have different requirements and some may not offer special programs at all. Applying through our site will connect you with quotes that will take into consideration any potential programs our lenders can find for you.
3. I'm saving for a home loan, but rates are going up, what should I do?There has hardly been a better time to become a home owner. Rates are still very low and owning your own home gives you an immediate means of creating equity and tax deductions every year. If you are saving for a larger home, invest now in a home you can live with and continue to save in the comfort of a more modest home.