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2. What is the average down payment for first-time homebuyers? - AOL

   www.aol.com/finance/average-down-payment-first...

   Compare that to repeat buyers, whose typical down payment in 2023 was 19 percent or $76,000 on a $400,000 home. Thirty-eight percent of first-time buyers reported to NAR that the down payment was ...

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

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

   A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. The grants are usually awarded to low- or moderate-income borrowers ...

4. First-time homebuyer guide - AOL

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

   A first-time homebuyer is someone who has either never owned a home or who has not owned a home in the last three years. First-time homebuyer programs offer mortgages with low down payment ...

5. Guide to first-time homebuyer grants - AOL

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

   A first-time homebuyer grant can help you cover a down payment and closing costs. You don’t have to repay the grant funds. A grant might come from a bank or mortgage lender, a non-profit or ...

6. First-time homebuyer statistics 2024 - AOL

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

   The median age for a first-time home buyer in 2023 was 35, down from 36 in 2022. (National Association of Realtors) The typical down payment for a first-time homebuyer in 2023 was 8%, the highest ...

7. The Most Common First-Time Homebuyer Mistakes ... - AOL

   www.aol.com/most-common-first-time-homebuyer...

   🛑 Failing to research loan types. People often think a 20% down payment on a home is the standard. However, that's not necessarily the case, especially if you are a first-time homebuyer.