First Time Homebuyer
Explore a range of loan programs tailored for first-time home buyers, making homeownership dreams a reality.
It Is The Perfect Time To Break Up With Your Landlord
Did you know that, for many renters, the monthly rent check is already the size of a mortgage payment?
It’s time to stop paying your landlord’s mortgage payment and invest in your own future!
Start your homeownership journey and speak with a Mortgage Loan Originator who will educate and guide you through the process, starting with determining how much you can afford.
Start Your Journey NowWe have access to a wide variety of mortgage options
through multiple lenders, allowing you to buy your first home with very little to nothing down. At Informed Mortgage LLC, our goal is to teach financing, not sell it. No two homebuyers are created the same, so we pay close attention to the details of your unique story and ensure you are educated on available loan options. Our goal is to educate you on how the process works and feel confident that you are making an informed financial decision.
Want To Get Informed On Buying Your First Home?
Download Our First-Time Homebuyer E-Book
Loan Programs for First-Time Home Buyers
Program
FHA LoanPerfect for the buyer that wants to put less money down or has less than perfect credit. Purchase your first house with as little as 1% down!
Program
Down Payment AssistanceDown payment assistance can be provided in an immediately forgivable grant used to cover the minimum 3.5% down payment on an FHA loan. When used in combination with a seller credit for closing costs, this loan option can allow a buyer to purchase a home with little to no money out-of-pocket.
Program
HomeReady® & HomePossible® Conventional LoansAvailable with a down payment of only 3% and reduced mortgage insurance, a conventional HomeReady® or HomePossible® loan is a great option for a first time homebuyer.
Program
VA LoanEligible veterans and military service members qualify for this loan with no down payment, no mortgage insurance and flexible income requirements.
View All Mortgage Options
Ready to Get Started?
Get Pre-Approved Now