FIRST TIME HOMEBUYER

-0% down payment for VA and USDA loans 

-3% down for conventional conforming loans

-3.5% down for FHA

-5% down for conventional high balance loans

 

Down Payment Assistance programs can be researched at https://www.hud.gov/program_offices/administration/grants/grantssrc

YOUR ROADMAP TO HOMEOWNERSHIP

1) Obtain PreApproval Letter

2) Begin your House Hunt

3) Receive an Accepted Offer

4) Go into Contract

5) Obtain Mortgage Commitment

6) Schedule Closing

7) Schedule Your Move

8) Close! Move!