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

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

    Home Possible mortgage: Freddie Mac’s Home Possible mortgage program is the counterpart to the HomeReady mortgage, ... To qualify for many first-time buyer loan programs, you’ll need to take a ...

  3. Endowment mortgage - Wikipedia

    en.wikipedia.org/wiki/Endowment_mortgage

    An endowment mortgage is a mortgage loan arranged on an interest-only basis where the capital is intended to be repaid by one or more (usually Low-Cost) endowment policies. The phrase "endowment mortgage" is used mainly in the United Kingdom by lenders and consumers to refer to this arrangement and is not a legal term.

  4. Types of first-time home buyer programs - AOL

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

    Varies from program to program, must be a first-time home buyer, veteran, or be purchasing a home in a targeted area to qualify for the first program. Buyer's credit score must be over 640 to ...

  5. First-Time Homebuyer’s Guide to Mortgage Loans, Programs and ...

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

    Texas: The My First Texas Home program is a low-interest 30-year loan with up to 5% interest-free down payment assistance. The program allows borrowers to work through this program to obtain an ...

  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 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 ...

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