First-Time Home Buyer Mortgages

You might know all about the benefits of home ownership, but if you've never purchased a home, getting a mortgage for the first time can be intimidating.

Here’s the good news: Getting a first-time mortgage isn’t as hard as you think. The trick is knowing what mortgage options available to you and understanding your options as a first-time home buyer.

Mortgage-related expenses are one of the biggest hurdles of buying a first home. You need cash for closing costs and a down payment, and as a first-time buyer, you’re at a disadvantage because you’ve never owned a property.

GOBankingRates’ experts understand the challenges. Whether you're looking for a first-time home loan with zero or a minimum down payment, there are options. Use the site to learn about your mortgage options, including an adjustable rate and fixed-rate mortgage.

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Most Read First Time Home Buyer Mortgage Loans Articles

7 Tax Breaks Every First-Time Homebuyer Must Know

Find out which home-related tax breaks can put money back in your pocket.

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How to Claim the MCC First-Time Home Buyers Credit

Before venturing out into the real estate market, first-time home buyers should be well away of the plethora of programs at their disposal t...

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Top Resources for First-Time Mortgage Loan Borrowers

Buying a home is a huge decision, and we're here to help.

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It’s Tempting, But Think Twice Before Stretching Your Budget to Afford a Mortgage Loan

Low mortgage rates aren't worth giving up your other goals.

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Guess Which City Tops Our List of the 10 Best Housing Markets for First Time Home Buyers

A low cost of living, job growth and of course, great home prices, these cities have the most to offer new homeowners.

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The Need-to-Know Mortgage Checklist for Any First Time Home Buyer

For many people, buying a home is the biggest purchase they will ever make. While a little time spent doing research online and a few visits...

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March Existing Home Sales Increase Overall but Drop for First-Time Homebuyers

U.S. existing homes sales increased 3.7 percent in March, according to a new report from the National Association of Realtors. The increase...

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