How To Choose The Best Mortgage Lender For First Time Home Buyers
First-time homebuyers often face many challenges when it comes to buying a home. Because they don’t have the advantage of equity from a former home sale, their down payments are often smaller than people who have already bought and sold homes.
Loan products like FHA, VA, and USDA loans can be great options as they require lower down payments and minimum credit scores. Forbes Advisor compiled a list of lenders that excel in various areas, such as offering low down-payment mortgages or specialty loans for first-time borrowers.
Ready to shop for a lender? Here's the best way first-time home buyers can find the right lender to buy their home! If you're buying a house for the first time, this will help you tremendously!
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