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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Types of first-time homebuyer programs. Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. Down payment assistance (DPA) programs: Loans, grants and ...

  3. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    These programs are typically reserved for first-time homebuyers or buyers with lower to moderate incomes for their area. ... HUD: Check the U.S. Department of Housing and Urban Development’s ...

  4. First-time homebuyer guide - AOL

    www.aol.com/finance/first-time-homebuyer-guide...

    Challenges of being a first-time homebuyer. All of that said, buying a new house can come with challenges. Be ready to: ... FHA loans, meanwhile, require a minimum of 3.5 percent down. Savings.

  5. First-time home buyer grant - Wikipedia

    en.wikipedia.org/wiki/First-time_home_buyer_grant

    First-time home buyer grant. A first-time home buyer grant (or first home owners grant) is a grant specifically for/targeted at those buying their first home – perhaps a starter home. Like other grants, the first-time buyer does not hold an obligation to repay the grant. In this respect, it differs from a loan and does not incur debt or interest.

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The basic FHA mortgage insurance program is Mortgage Insurance for One-to-Four-Family Homes (Section 203(b)). [24] FHA allows first time homebuyers to put down as little as 3.5% and receive up to 6% towards closing costs. However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs.

  7. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

    www.aol.com/finance/first-time-homebuyer-guide...

    First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...

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