First-Time Homebuyers

If you’re new to buying a home, here’s what you can expect and how to navigate the process

Latest First-Time Homebuyer Articles

What is an FHA loan?

FHA loans can help borrowers with less-than-ideal credit and cash. But they aren’t perfect.

7 min read May 09, 2025
How to write a letter of explanation for a mortgage

No need to panic, but it’s important to do it right. Your loan may depend on it.

6 min read May 07, 2025
Types of mortgage lenders and how to choose

Not all lenders are alike. Here’s how to distinguish them, and why it matters for your mortgage.

5 min read May 05, 2025
What are reserves for a mortgage?

They’re a financial cushion to meet your monthly payments. But what makes them mandatory?

5 min read May 02, 2025
Fixed vs. adjustable-rate mortgage (ARM): What’s the difference?

One offers certain, unchanging payments; the other, a chance to pay less interest.

4 min read Apr 30, 2025
Millennial homebuyers: Obstacles to homeownership, statistics and tips

Here’s a look at the largest group of homebuyers today.

4 min read Apr 30, 2025
What is a down payment?

A home down payment is the part of a home’s purchase price you pay upfront.

5 min read Apr 28, 2025
How to find the best FHA mortgage lender

You’ll need to do a bit of legwork to find a good fit, but it’s worth it to get one of these loans.

7 min read Apr 16, 2025
Average down payment on a house

It might not be as much as you think.

5 min read Apr 10, 2025
5 types of mortgage loans for homebuyers

A comprehensive list to help you find the right financing tool for your dream home.

9 min read Apr 04, 2025

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