Affordable Options for First-Time Homebuyers
First-time homebuyer programs make entering the housing market easier with lower down payments, flexible credit standards, and sometimes additional assistance. These programs can be paired with FHA, VA, or Conventional loans, giving new buyers a range of affordable choices. At Team GWC of Citywide Home Mortgage, we guide first-time buyers through eligibility, pre-approval, and closing, ensuring every step is clear. Our goal is to make your first purchase smooth and stress-free.
At-a-Glance:
Min down: 0–3%
Credit fit: Moderate to strong
Occupancy: Primary residences
Loan size: FHA/conforming limits
Pros: Easier qualification
Cons: May require PMI
FAQs
If you haven’t owned a home in three years, you likely qualify.
Yes, most programs allow you to combine benefits.
Yes, borrowers can refinance into one loan as equity builds.
Many programs offer reduced rates or closing costs.
Yes, if it meets FHA, VA, or Conventional standards.
Ready to Start Your Mortgage Journey?
Apply online, schedule a quick call, or request a guided application with one of our licensed teammates.
