1st Time Home Buyer Programs

1st time home buyers have some great options when it comes to buying their first home. There are the traditional loans with down payments like FHA 3.50% & Conventional 3-5%. The good news is now there are now down payment grant programs that will cover all of the down payment and some of the closing costs. The buyer needs less cash and can become an owner vs. a renter and start building for the future fairly quickly and easily.
The key is finding a licensed mortgage loan originator that knows these programs and has the education, experience and knowledge to evaluate your specific situation and recommend the best program for you. If you talk to a loan officer make sure they are state licensed and that can be verified at www.nmlsconsumeraccess.org
Buying a home is usually the largest purchase decision most people make and there are lots of options when it comes to financing. Take your time consult with a professional and the joys of home ownership can become a reality.
Todd Probasco is a licensed mortgage originator and can be contacted by phone 708.205.2983 email toddprobasco@gmail.com or website www.toddprobasco.com