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  2. What is the first-time homebuyer tax credit? - AOL

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

    Key takeaways. A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers ...

  3. 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 ...

  4. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/finance/grants-low-interest-loans...

    Assistance for down payment and/or closing costs for first-time home buyers. Be a first-time home buyer with a minimum credit score of 660, complete a home buyer education course, and obtain a ...

  5. First-time homebuyer guide - AOL

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

    First-time homebuyer programs: If you’re a first-time homebuyer, you might qualify for help affording the home. Some lenders offer a mix of slightly discounted mortgage rates, minimal fees and ...

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

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

    The typical down payment for a first-time homebuyer was 8 percent in 2023, according to the National Association of Realtors (NAR). For a $400,000 home, an 8 percent down payment totals $32,000.

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

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

    Many first-time homebuyer programs offer a lower-cost first mortgage to help you buy the home, then a second mortgage to help you cover your down payment and closing costs. These second mortgages ...

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